The Mosaic Company (MOS)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 3,377,600 | 3,361,700 | 3,397,200 | 3,978,800 | 4,578,000 |
| Total stockholders’ equity | US$ in thousands | 11,482,400 | 12,290,200 | 12,054,600 | 10,604,100 | 9,581,400 |
| Debt-to-equity ratio | 0.29 | 0.27 | 0.28 | 0.38 | 0.48 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $3,377,600K ÷ $11,482,400K
= 0.29
The debt-to-equity ratio of The Mosaic Company has shown a declining trend over the past five years based on the provided data. It decreased from 0.48 as of December 31, 2020, to 0.29 as of December 31, 2024. This indicates that the company has been relying less on debt financing relative to equity financing during this period. A lower debt-to-equity ratio typically suggests a stronger financial position and reduced financial risk, as it indicates a lower level of debt in relation to shareholders' equity. Overall, the decreasing trend in The Mosaic Company's debt-to-equity ratio is a positive sign for investors and creditors, as it signifies a more conservative capital structure and potentially better financial stability.
Peer comparison
Dec 31, 2024