Tyson Foods Inc (TSN)
Debt-to-capital ratio
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 18,390,000 | 18,076,000 | 18,089,000 | 18,150,000 | 18,133,000 | 18,779,000 | 19,399,000 | 19,635,000 | 19,702,000 | 19,355,000 | 19,014,000 | 18,403,000 | 17,723,000 | 16,561,000 | 15,931,000 | 15,638,000 | 15,254,000 | 14,685,000 | 14,277,000 | 14,235,000 |
| 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 |
September 30, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $18,390,000K)
= 0.00
The debt-to-capital ratio for Tyson Foods Inc has consistently been 0.00 for the past several quarters, indicating that the company has not used any debt to finance its operations relative to its total capital. A debt-to-capital ratio of 0.00 suggests that the company has primarily used equity to fund its activities, which may imply a conservative financial strategy with lower financial risk compared to companies with higher debt levels. It is important to note that a debt-to-capital ratio of 0.00 could also suggest that the company does not have any debt obligations or that the company has very minimal debt in relation to its total capital structure.
Overall, the consistent 0.00 debt-to-capital ratio for Tyson Foods Inc reflects a financial position where debt does not play a significant role in the company's capital structure, which can be viewed positively from a risk management perspective. However, it is essential to assess the company's overall financial health, operational efficiency, and growth prospects in conjunction with the debt-to-capital ratio for a more comprehensive analysis of its financial performance.
Peer comparison
Sep 30, 2024