Tyson Foods Inc (TSN)

Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $18,390,000K
= 0.00

Based on the data provided, it appears that Tyson Foods Inc has consistently maintained a debt-to-equity ratio of 0.00 across multiple quarters, indicating that the company has not utilized any debt in financing its operations relative to its equity. A debt-to-equity ratio of 0.00 suggests that the company's operations are primarily funded by equity, which may imply a lower financial risk as the absence of debt obligations typically signifies a lower level of financial leverage. However, it's important to note that while a low debt-to-equity ratio can be a positive indicator, it may also suggest missed opportunities for leveraging debt to potentially enhance returns for the shareholders. It would be beneficial for investors to further investigate Tyson Foods' capital structure and overall financial strategy to gain a deeper understanding of the company's financial health and its ability to leverage debt efficiently in the future.


Peer comparison

Sep 30, 2024

Company name
Symbol
Debt-to-equity ratio
Tyson Foods Inc
TSN
0.00
Pilgrims Pride Corp
PPC
0.00