MGP Ingredients Inc (MGPI)
Debt-to-capital ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 832,543 | 914,472 | 894,457 | 867,019 | 850,492 | 819,590 | 807,122 | 775,947 | 745,644 | 724,794 | 703,827 | 679,961 | 644,265 | 615,190 | 593,578 | 278,511 | 262,526 | 252,001 | 242,697 | 235,565 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $832,543K)
= 0.00
The debt-to-capital ratio of MGP Ingredients Inc has consistently remained at 0.00 over the past few years, based on the data provided up to December 31, 2024. This indicates that the company has not utilized debt to finance its operations significantly in relation to its total capital structure. A debt-to-capital ratio of 0.00 suggests that MGP Ingredients Inc has a low level of debt relative to its total capital, which may imply a lower financial risk. However, it is essential to consider other financial metrics and factors to gain a comprehensive understanding of the company's overall financial health and risk profile.