Whirlpool Corporation (WHR)
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 | 4,758,000 | 6,382,000 | 6,313,000 | 6,674,000 | 6,414,000 | 6,341,000 | 6,393,000 | 7,382,000 | 7,363,000 | 4,722,000 | 4,831,000 | 4,631,000 | 4,929,000 | 4,961,000 | 5,001,000 | 4,982,000 | 5,059,000 | 4,965,000 | 4,886,000 | 4,662,000 |
| Total stockholders’ equity | US$ in thousands | 2,683,000 | 3,042,000 | 3,097,000 | 2,354,000 | 2,362,000 | 2,064,000 | 2,018,000 | 2,061,000 | 2,336,000 | 4,178,000 | 4,036,000 | 4,575,000 | 4,846,000 | 4,964,000 | 4,951,000 | 4,222,000 | 3,885,000 | 3,371,000 | 3,018,000 | 3,060,000 |
| Debt-to-capital ratio | 0.64 | 0.68 | 0.67 | 0.74 | 0.73 | 0.75 | 0.76 | 0.78 | 0.76 | 0.53 | 0.54 | 0.50 | 0.50 | 0.50 | 0.50 | 0.54 | 0.57 | 0.60 | 0.62 | 0.60 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $4,758,000K ÷ ($4,758,000K + $2,683,000K)
= 0.64
The debt-to-capital ratio of Whirlpool Corporation has shown some fluctuations over the periods indicated. From March 31, 2020, to June 30, 2022, the ratio decreased steadily, indicating a reduction in the company's reliance on debt in relation to its total capital. However, from December 31, 2022, to December 31, 2024, the ratio experienced a notable increase, reaching its peak at 0.78 on March 31, 2023. This could suggest that Whirlpool Corporation may have taken on more debt relative to its total capital during this period. Overall, the trend of the debt-to-capital ratio displays variability, with some periods showing a decrease and others showing an increase in the company's debt obligations compared to its total capital.
Peer comparison
Dec 31, 2024