Ingredion Incorporated (INGR) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 3.52B | 3.5B | 3.52B | 3.52B | 3.37B | 3.35B | 3.35B | 3.1B | 3.13B | 3.4B | 3.29B | 3.31B | 3.4B | 3.31B | 3.27B | 3.18B | 3.13B | 2.7B | 2.73B | 2.81B |
| Cash & Short-Term Investments | 918M | 1.03B | 921M | 868M | 846M | 1.01B | 884M | 510M | 445M | 409M | 341M | 263M | 221M | 239M | 298M | 322M | 329M | 332M | 438M | 549M |
| Cash Only | 914M | 1.03B | 915M | 861M | 837M | 997M | 877M | 505M | 438M | 401M | 335M | 257M | 216M | 236M | 294M | 318M | 324M | 328M | 434M | 542M |
| Short-Term Investments | 4M | 3M | 6M | 7M | 9M | 11M | 7M | 5M | 7M | 8M | 6M | 6M | 5M | 3M | 4M | 4M | 5M | 4M | 4M | 7M |
| Accounts Receivable | 1.36B | 1.19B | 1.31B | 1.36B | 1.28B | 1.09B | 1.17B | 1.29B | 1.28B | 1.28B | 1.38B | 1.37B | 1.46B | 1.41B | 1.41B | 1.4B | 1.43B | 1.13B | 1.13B | 1.14B |
| Days Sales Outstanding | 63.86 | 65.37 | 67.66 | 65.61 | 59 | 57.91 | 60.49 | 62.27 | 61.96 | 63.67 | 62.13 | 62.04 | 60.35 | 65.21 | 63.71 | 62.93 | 60.91 | 59.18 | 59.18 | 55.91 |
| Inventory | 1.18B | 1.23B | 1.23B | 1.22B | 1.17B | 1.19B | 1.23B | 1.24B | 1.34B | 1.45B | 1.5B | 1.62B | 1.66B | 1.6B | 1.5B | 1.4B | 1.31B | 1.17B | 1.09B | 1.05B |
| Days Inventory Outstanding | 77.97 | 85 | 82.74 | 80.36 | 78.81 | 82.43 | 81.95 | 82.23 | 86.78 | 89.28 | 89.03 | 91.7 | 88.91 | 87.08 | 80.98 | 74.52 | 73.7 | 71.12 | 68.58 | 65.36 |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 4.4B | 4.39B | 4.32B | 4.26B | 4.1B | 4.09B | 4.17B | 4.12B | 4.19B | 4.24B | 4.26B | 4.29B | 4.24B | 4.25B | 4.13B | 4.21B | 4.31B | 4.3B | 4.25B | 4.29B |
| Property, Plant & Equipment | 2.56B | 2.53B | 2.44B | 2.36B | 2.29B | 2.26B | 2.33B | 2.29B | 2.33B | 2.37B | 2.4B | 2.41B | 2.4B | 2.41B | 2.31B | 2.38B | 2.45B | 2.42B | 2.56B | 2.58B |
| Fixed Asset Turnover | 0.70x | 0.71x | 0.76x | 0.79x | 0.80x | 0.78x | 0.81x | 0.81x | 0.80x | 0.81x | 0.84x | 0.86x | 0.89x | 0.84x | 0.86x | 0.85x | 0.78x | 0.70x | 0.69x | 0.69x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 906M | 925M | 907M | 910M | 918M | 0 | 0 | 0 | 900M | 0 | 0 | 0 | 914M | 916M | 913M |
| Intangible Assets | 1.26B | 1.27B | 1.27B | 1.28B | 1.26B | 358M | 370M | 368M | 376M | 385M | 1.3B | 1.31B | 1.3B | 401M | 1.29B | 1.31B | 1.34B | 434M | 424M | 431M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 583M | 597M | 609M | 623M | 550M | 561M | 547M | 556M | 574M | 570M | 563M | 564M | 549M | 544M | 541M | 524M | 521M | 531M | 336M | 339M |
| Total Assets | 7.93B | 7.9B | 7.83B | 7.78B | 7.47B | 7.44B | 7.53B | 7.22B | 7.32B | 7.64B | 7.55B | 7.6B | 7.64B | 7.56B | 7.4B | 7.39B | 7.43B | 7B | 6.99B | 7.1B |
| Asset Turnover | 0.23x | 0.22x | 0.23x | 0.24x | 0.24x | 0.24x | 0.25x | 0.26x | 0.25x | 0.25x | 0.27x | 0.27x | 0.28x | 0.27x | 0.27x | 0.28x | 0.26x | 0.25x | 0.25x | 0.25x |
| Asset Growth % | 6.16% | 6.09% | 4.09% | 7.76% | 2.04% | -2.59% | -0.32% | -4.99% | -4.26% | 1.07% | 1.97% | 2.86% | 2.82% | 8.03% | 5.97% | 4.1% | 9.29% | 2.06% | 8.08% | 7.37% |
| Total Current Liabilities | 1.28B | 1.32B | 1.28B | 1.26B | 1.18B | 1.28B | 1.25B | 1.23B | 1.28B | 1.77B | 1.67B | 1.72B | 1.89B | 1.88B | 1.95B | 1.84B | 1.72B | 1.51B | 1.46B | 1.1B |
| Accounts Payable | 613M | 1.27B | 1.22B | 666M | 634M | 604M | 604M | 606M | 659M | 778M | 0 | 0 | 0 | 873M | 0 | 0 | 0 | 774M | 0 | 0 |
| Days Payables Outstanding | 60.85 | 86.28 | 63.78 | 43.62 | 41.36 | 41.13 | 40.01 | 40.19 | 44.63 | 47.06 | - | - | - | 49.09 | - | - | - | 48.61 | - | - |
| Short-Term Debt | 83M | 48M | 57M | 46M | 42M | 44M | 99M | 109M | 141M | 448M | 466M | 522M | 701M | 543M | 709M | 652M | 514M | 308M | 398M | 72M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | -569M | 0 | 0 | 124M | 0 | 0 | 0 | 172M | 1.2B | 1.2B | 1.19B | 112M | 1.24B | 1.19B | 1.21B | 105M | 1.06B | 1.03B |
| Current Ratio | 2.76x | 2.66x | 2.75x | 2.78x | 2.85x | 2.62x | 2.67x | 2.52x | 2.44x | 1.92x | 1.97x | 1.93x | 1.80x | 1.76x | 1.68x | 1.72x | 1.82x | 1.78x | 1.88x | 2.55x |
| Quick Ratio | 1.83x | 1.73x | 1.79x | 1.81x | 1.86x | 1.69x | 1.69x | 1.51x | 1.39x | 1.10x | 1.07x | 0.98x | 0.92x | 0.91x | 0.91x | 0.96x | 1.06x | 1.01x | 1.13x | 1.60x |
| Cash Conversion Cycle | 80.97 | 64.09 | 86.62 | 102.35 | 96.45 | 99.21 | 102.42 | 104.3 | 104.11 | 105.89 | - | - | - | 103.2 | - | - | - | 81.7 | - | - |
| Total Non-Current Liabilities | 2.21B | 2.21B | 2.23B | 2.24B | 2.24B | 2.27B | 2.24B | 2.21B | 2.21B | 2.22B | 2.41B | 2.4B | 2.39B | 2.42B | 2.27B | 2.28B | 2.3B | 2.26B | 2.33B | 3.06B |
| Long-Term Debt | 1.74B | 1.74B | 1.74B | 1.74B | 1.74B | 1.79B | 1.74B | 1.74B | 1.74B | 1.74B | 1.94B | 1.94B | 1.94B | 1.94B | 1.74B | 1.74B | 1.74B | 1.74B | 1.75B | 2.13B |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 145M | 0 | 0 | 0 | 157M | 0 | 0 | 0 | 146M | 0 | 0 | 0 | 154M | 152M | 152M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 136M | 0 | 0 | 0 | 116M | 0 | 0 | 0 | 145M | 0 | 0 | 0 | 165M | 200M | 214M |
| Other Non-Current Liabilities | 463M | 473M | 490M | 500M | 496M | 205M | 499M | 471M | 471M | 207M | 474M | 466M | 450M | 186M | 536M | 537M | 561M | 205M | 226M | 560M |
| Total Liabilities | 3.48B | 3.53B | 3.51B | 3.5B | 3.42B | 3.55B | 3.5B | 3.44B | 3.49B | 3.99B | 4.08B | 4.13B | 4.28B | 4.3B | 4.22B | 4.12B | 4.02B | 3.77B | 3.78B | 4.16B |
| Total Debt | 1.82B | 1.79B | 1.8B | 1.79B | 1.78B | 2.04B | 1.84B | 1.85B | 1.88B | 2.4B | 2.41B | 2.46B | 2.64B | 2.68B | 2.45B | 2.39B | 2.25B | 2.25B | 2.3B | 2.35B |
| Net Debt | 911M | 760M | 883M | 926M | 947M | 1.04B | 963M | 1.34B | 1.44B | 2B | 2.07B | 2.2B | 2.42B | 2.44B | 2.15B | 2.07B | 1.93B | 1.92B | 1.86B | 1.81B |
| Debt / Equity | 0.41x | 0.41x | 0.42x | 0.42x | 0.44x | 0.52x | 0.46x | 0.49x | 0.49x | 0.66x | 0.69x | 0.71x | 0.78x | 0.82x | 0.77x | 0.73x | 0.66x | 0.70x | 0.72x | 0.80x |
| Debt / EBITDA | 7.13x | 6.46x | 5.82x | 5.52x | 5.39x | 9.42x | 5.73x | 6.29x | 7.07x | 9.38x | 8.94x | 8.04x | 7.65x | 12.63x | 10.42x | 8.96x | 8.57x | 14.88x | 10.26x | 8.62x |
| Net Debt / EBITDA | 3.56x | 2.74x | 2.86x | 2.86x | 2.86x | 4.81x | 3.00x | 4.57x | 5.42x | 7.81x | 7.70x | 7.20x | 7.02x | 11.51x | 9.17x | 7.76x | 7.33x | 12.71x | 8.32x | 6.63x |
| Interest Coverage | 22.56x | 24.00x | 35.43x | 22.83x | 31.44x | 17.89x | 274.00x | 26.30x | 15.53x | 8.00x | 8.12x | 8.30x | 9.09x | 4.65x | 7.71x | 12.65x | 8.79x | 5.88x | 8.65x | 11.79x |
| Total Equity | 4.45B | 4.37B | 4.32B | 4.28B | 4.05B | 3.89B | 4.03B | 3.78B | 3.83B | 3.65B | 3.47B | 3.48B | 3.37B | 3.26B | 3.18B | 3.27B | 3.41B | 3.23B | 3.2B | 2.94B |
| Equity Growth % | 9.83% | 12.24% | 7.3% | 13.15% | 5.83% | 6.58% | 16.24% | 8.75% | 13.67% | 11.89% | 9.06% | 6.33% | -1.44% | 1.15% | -0.75% | 11.08% | 23.97% | 4.98% | 11.56% | 10.35% |
| Book Value per Share | 69.04 | 67.80 | 66.12 | 65.18 | 61.71 | 58.50 | 60.60 | 56.57 | 57.26 | 54.97 | 51.75 | 51.63 | 50.15 | 48.91 | 47.73 | 48.70 | 50.50 | 47.71 | 47.38 | 43.33 |
| Total Shareholders' Equity | 4.42B | 4.34B | 4.3B | 4.25B | 4.02B | 3.86B | 4B | 3.75B | 3.77B | 3.59B | 3.41B | 3.42B | 3.3B | 3.19B | 3.11B | 3.18B | 3.32B | 3.14B | 3.12B | 2.85B |
| Common Stock | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M |
| Retained Earnings | 5.7B | 5.61B | 5.5B | 5.38B | 5.24B | 5.09B | 5.05B | 4.91B | 4.82B | 4.65B | 4.58B | 4.47B | 4.35B | 4.21B | 4.14B | 4.08B | 3.99B | 3.9B | 3.88B | 3.8B |
| Treasury Stock | -1.55B | -1.55B | -1.47B | -1.39B | -1.39B | -1.35B | -1.25B | -1.23B | -1.18B | -1.21B | -1.21B | -1.12B | -1.13B | -1.15B | -1.16B | -1.13B | -1.09B | -1.06B | -1.07B | -1.03B |
| Accumulated OCI | -927M | -937M | -950M | -953M | -1.02B | -1.09B | -1B | -1.12B | -1.06B | -1.06B | -1.14B | -1.12B | -1.1B | -1.05B | -1.05B | -940M | -763M | -897M | -877M | -1.11B |
| Minority Interest | 22M | 21M | 28M | 28M | 29M | 26M | 26M | 24M | 58M | 57M | 54M | 55M | 64M | 67M | 70M | 85M | 90M | 89M | 87M | 92M |