Tootsie Roll Industries Inc (TR)
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 | 870,743 | 870,161 | 841,414 | 834,420 | 823,422 | 803,874 | 785,376 | 791,691 | 783,171 | 783,601 | 769,276 | 769,759 | 769,042 | 756,762 | 752,819 | 758,816 | 763,327 | 760,965 | 752,608 | 751,732 |
| 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 + $870,743K)
= 0.00
The debt-to-capital ratio for Tootsie Roll Industries Inc has consistently been 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not relied on debt financing to fund its operations and growth, as the ratio measures the proportion of a company's total debt to its total capital, which includes both debt and equity. A debt-to-capital ratio of 0.00 suggests that the company's capital structure is primarily equity-funded, which may indicate lower financial risk and less reliance on borrowed funds for business activities.
Peer comparison
Dec 31, 2024