MGP Ingredients Inc (MGPI)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $832,543K
= 0.00
The debt-to-equity ratio of MGP Ingredients Inc has been consistently 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has zero debt relative to its equity during this period. A debt-to-equity ratio of 0.00 signifies that the company has not taken on any long-term debt to finance its operations, and its equity is sufficient to cover all its financial obligations. This could suggest that the company has a strong financial position and may be less risky in terms of defaulting on its debt payments.