The Mosaic Company (MOS)
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 | 3,377,600 | 3,312,700 | 3,319,000 | 3,350,400 | 3,361,700 | 3,356,800 | 3,392,900 | 3,389,300 | 3,397,200 | 3,959,400 | 3,959,600 | 3,977,300 | 3,978,800 | 3,994,700 | 4,462,800 | 4,469,500 | 4,578,000 | 4,577,800 | 4,587,100 | 4,571,900 |
| Total stockholders’ equity | US$ in thousands | 11,482,400 | 11,808,600 | 11,680,600 | 12,018,900 | 12,290,200 | 12,050,300 | 12,405,000 | 11,893,800 | 12,054,600 | 11,580,600 | 11,751,300 | 11,638,400 | 10,604,100 | 10,420,400 | 10,338,000 | 9,624,200 | 9,581,400 | 8,532,800 | 8,493,000 | 8,386,200 |
| Debt-to-equity ratio | 0.29 | 0.28 | 0.28 | 0.28 | 0.27 | 0.28 | 0.27 | 0.28 | 0.28 | 0.34 | 0.34 | 0.34 | 0.38 | 0.38 | 0.43 | 0.46 | 0.48 | 0.54 | 0.54 | 0.55 |
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 consistent downward trend over the past few years, indicating a decreasing reliance on debt financing relative to equity. The ratio decreased from 0.55 as of March 31, 2020, to 0.29 as of December 31, 2024. This trend suggests that the company has been effectively managing its financial leverage by either reducing its debt levels or increasing its equity base. A decreasing debt-to-equity ratio is generally viewed positively by investors as it signifies a stronger financial position and lower risk of financial distress. It is important to continue monitoring this ratio to assess the company's capital structure and financial health.
Peer comparison
Dec 31, 2024