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Ingredion (Ingredion) Debt-to-Equity : 0.67 (As of Dec. 2023)


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What is Ingredion Debt-to-Equity?

Ingredion's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $504 Mil. Ingredion's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,897 Mil. Ingredion's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3,593 Mil. Ingredion's debt to equity for the quarter that ended in Dec. 2023 was 0.67.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Ingredion's Debt-to-Equity or its related term are showing as below:

INGR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.64   Med: 0.78   Max: 0.88
Current: 0.67

During the past 13 years, the highest Debt-to-Equity Ratio of Ingredion was 0.88. The lowest was 0.64. And the median was 0.78.

INGR's Debt-to-Equity is ranked worse than
65.33% of 1641 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs INGR: 0.67

Ingredion Debt-to-Equity Historical Data

The historical data trend for Ingredion's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ingredion Debt-to-Equity Chart

Ingredion Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.79 0.72 0.84 0.67

Ingredion Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.84 0.80 0.72 0.71 0.67

Competitive Comparison of Ingredion's Debt-to-Equity

For the Packaged Foods subindustry, Ingredion's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ingredion's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ingredion's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Ingredion's Debt-to-Equity falls into.



Ingredion Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ingredion's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Ingredion's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ingredion  (NYSE:INGR) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Ingredion Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Ingredion's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Ingredion (Ingredion) Business Description

Traded in Other Exchanges
Address
5 Westbrook Corporate Center, Westchester, IL, USA, 60154
Ingredion is an ingredients provider for the food, beverage, brewing, and animal nutrition industries. The company processes corn, tapioca, potatoes, stevia, grains, fruits, gums, and vegetables into value-added ingredients. The company has two main product lines: specialty and core ingredients. Specialty ingredients includes starch-based texturizers, natural alternative sweeteners such as stevia, and plant proteins for alternative dairy and snacks. Core ingredients includes sweeteners, such as high-fructose corn syrup, and commodity starches, such as those used for sustainable packaging.
Executives
David Eric Seip officer: SVP, Global Ops & CSCO 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Jorge A. Uribe director 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Jinghuai Xu officer: SVP, Chief Innovation Officer 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Larry Fernandes officer: Sr VP and Chief Commercial Off 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
James D Gray officer: Executive VP and CFO 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Davida Marie Gable officer: VP, Controller & Global SS 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Patricia Verduin director ONE CONAGRA DRIVE, OMAHA NE 68102
Robert A. Ritchie officer: SVP, Food & Industrial Ingred. 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Valdirene Bastos-licht officer: Sr. VP and Pres, Asia-Pacific 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Perez Y Landazuri Pierre officer: SVP and President, EMEA 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Jorgen Kokke officer: VP and GM, Asia-Pacific 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
James P. Zallie officer: Exec. VP & Pres, Global Ingred 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Charles V. Magro director C/O CORTEVA, INC., 974 CENTRE ROAD, CRP 735, WILMINGTON DE 19805
Nancy Wolfe officer: SVP and Chief HR Officer 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60015
Jaeger De Foras Tanya Martina officer: Chief Legal Officer, Corp. Sec 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154