Tyson Foods Inc (TSN)
Debt-to-capital ratio
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 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 | 14,082,000 | 13,793,000 | 13,280,000 |
| 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 |
December 31, 2023 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $18,150,000K)
= 0.00
The debt-to-capital ratio for Tyson Foods Inc has consistently been reported as 0.00 across all periods indicated in the table. This indicates that the company has not had any debt in relation to its capital during these periods. A debt-to-capital ratio of 0.00 typically suggests that the company is relying more on equity financing rather than debt financing to fund its operations and investments. It may imply a strong financial position, as the absence of debt can reduce financial risk and the associated interest expenses. However, it is also important to consider that having no debt may limit the company's financial flexibility in terms of leveraging opportunities for growth or investment. Overall, the consistent 0.00 debt-to-capital ratio for Tyson Foods Inc reflects a potentially cautious approach to capital structure management.
Peer comparison
Dec 31, 2023