The Andersons, Inc. (ANDE)

Solvency & Capital Structure

Total Debt

$1.31B

Net Debt

$1.24B

The Andersons, Inc. currently has $1.31B in total debt. Net debt is $1.24B after cash offsets.

Financial Fundamentals

ANDE • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-03-31	1.31	0.07	1.24	3.92	33.4%
2025-12-31	1.04	0.10	0.94	3.71	28.1%
2025-09-30	0.78	0.09	0.69	3.30	23.5%
2025-06-30	0.75	0.35	0.40	3.45	21.7%
2025-03-31	0.87	0.22	0.65	3.80	23.0%
2024-12-31	0.88	0.56	0.31	4.12	21.3%
2024-09-30	0.59	0.45	0.13	3.39	17.3%
2024-06-30	0.58	0.53	0.05	3.30	17.6%
2024-03-31	0.63	0.28	0.34	3.26	19.2%
2023-12-31	0.67	0.64	0.02	3.86	17.3%
2023-09-30	0.64	0.42	0.23	3.59	18.0%
2023-06-30	0.74	0.10	0.64	3.57	20.8%
2023-03-31	1.25	0.07	1.18	4.10	30.4%
2022-12-31	0.91	0.12	0.80	4.61	19.8%
2022-09-30	1.30	0.14	1.16	4.42	29.4%
2022-06-30	1.81	0.09	1.72	4.74	38.2%
2022-03-31	2.11	0.04	2.07	5.14	41.0%
2021-12-31	1.17	0.22	0.95	4.57	25.5%
2021-09-30	0.96	0.22	0.74	3.71	25.9%
2021-06-30	1.72	0.03	1.69	4.05	42.5%
2021-03-31	1.91	0.04	1.87	4.27	44.7%
2020-12-31	1.38	0.03	1.35	4.27	32.3%
2020-09-30	1.12	0.01	1.11	3.41	32.9%
2020-06-30	1.18	0.03	1.15	3.30	35.8%
2020-03-31	1.50	0.02	1.48	3.75	40.1%
2019-12-31	1.29	0.05	1.24	3.90	33.2%
2019-09-30	1.22	0.02	1.20	3.28	37.2%
2019-06-30	1.55	0.01	1.54	3.57	43.3%
2019-03-31	1.53	0.03	1.50	3.66	41.8%
2018-12-31	0.72	0.02	0.70	2.39	30.2%
2018-09-30	0.58	0.02	0.57	2.15	27.2%
2018-06-30	0.63	0.06	0.58	2.12	30.0%
2018-03-31	0.94	0.03	0.91	2.36	39.8%
2017-12-31	0.49	0.03	0.46	2.16	22.9%
2017-09-30	0.44	0.02	0.42	1.96	22.6%
2017-06-30	0.54	0.02	0.52	1.91	28.3%
2017-03-31	0.68	0.03	0.65	2.16	31.3%
2016-12-31	0.47	0.06	0.41	2.23	21.2%
2016-09-30	0.45	0.08	0.37	1.98	22.5%
2016-06-30	0.63	0.03	0.60	2.11	30.0%
2016-03-31	0.73	0.05	0.68	2.32	31.5%
2015-12-31	0.48	0.06	0.42	2.36	20.4%
2015-09-30	0.52	0.04	0.48	2.19	23.9%
2015-06-30	0.59	0.04	0.54	2.15	27.2%
2015-03-31	0.65	0.05	0.60	2.29	28.6%
2014-12-31	0.38	0.11	0.26	2.37	15.9%
2014-09-30	0.37	0.33	0.04	2.08	17.6%
2014-06-30	0.42	0.05	0.37	1.89	22.0%
2014-03-31	0.62	0.04	0.58	2.13	29.3%
2013-12-31	0.43	0.31	0.12	2.27	18.8%
2013-09-30	0.43	0.13	0.29	1.88	22.6%
2013-06-30	0.50	0.08	0.43	1.82	27.7%
2013-03-31	0.75	0.06	0.69	2.15	34.8%
2012-12-31	0.47	0.14	0.33	2.18	21.4%
2012-09-30	0.62	0.08	0.54	1.99	31.2%
2012-06-30	0.66	0.02	0.63	1.79	36.6%
2012-03-31	0.59	0.03	0.55	1.82	32.1%
2011-12-31	0.34	0.02	0.32	1.73	19.8%
2011-09-30	0.34	0.04	0.30	1.46	23.4%
2011-06-30	0.45	0.02	0.44	1.54	29.5%
2011-03-31	0.77	0.02	0.74	1.83	41.9%
2010-12-31	0.54	0.05	0.49	1.70	31.9%
2010-09-30	0.37	0.08	0.28	1.36	26.8%
2010-06-30	0.28	0.21	0.07	1.16	24.4%
2010-03-31	0.29	0.11	0.18	1.21	23.8%
2009-12-31	0.32	0.15	0.17	1.28	24.8%
2009-09-30	0.31	0.18	0.13	1.06	29.0%
2009-06-30	0.31	0.18	0.13	1.10	28.6%
2009-03-31	0.38	0.04	0.34	1.18	32.5%
2008-12-31	0.36	0.08	0.28	1.31	27.6%
2008-09-30	0.41	0.09	0.32	1.33	31.0%
2008-06-30	0.79	0.03	0.75	1.75	44.8%
2008-03-31	0.74	0.03	0.71	1.66	44.8%
2007-12-31	0.46	0.02	0.44	1.33	34.4%
2007-09-30	0.33	0.02	0.31	1.03	32.3%
2007-06-30	0.25	0.03	0.22	0.87	29.2%
2007-03-31	0.35	0.03	0.33	0.90	39.1%
2006-12-31	0.26	0.02	0.23	0.81	31.7%
2006-09-30	0.19	0.05	0.14	0.64	30.0%
2006-06-30	0.25	0.02	0.23	0.60	41.4%
2006-03-31	0.32	0.02	0.30	0.70	45.7%
2005-12-31	0.21	0.01	0.20	0.63	33.1%
2005-09-30	0.21	0.01	0.20	0.54	38.0%
2005-06-30	0.23	0.01	0.23	0.54	43.0%
2005-03-31	0.28	0.01	0.27	0.63	44.9%
2004-12-31	0.18	0.01	0.17	0.57	31.8%
2004-09-30	0.18	0.01	0.17	0.51	35.5%
2004-06-30	0.19	0.01	0.19	0.48	40.6%
2004-03-31	0.35	0.00	0.34	0.66	52.7%
2003-12-31	0.14	0.01	0.13	0.49	27.5%
2003-09-30	0.17	0.00	0.17	0.41	41.6%
2003-06-30	0.15	0.01	0.14	0.40	38.5%
2003-03-31	0.21	0.01	0.21	0.49	43.5%
2002-12-31	0.16	0.01	0.16	0.47	34.9%
2002-09-30	0.17	0.01	0.17	0.41	42.2%
2002-06-30	0.14	0.01	0.13	0.37	36.6%
2002-03-31	0.23	0.01	0.22	0.48	47.9%
2001-12-31	0.18	0.01	0.18	0.45	40.6%
2001-09-30	0.19	0.01	0.19	0.40	47.9%
2001-06-30	0.14	0.01	0.13	0.36	39.1%
2001-03-31	0.20	0.01	0.20	0.44	45.8%
2000-12-31	0.16	0.01	0.15	0.43	37.1%
2000-09-30	0.17	0.01	0.16	0.37	45.4%
2000-06-30	0.13	0.01	0.13	0.34	38.4%
2000-03-31	0.17	0.01	0.16	0.41	40.6%
1999-12-31	0.12	0.03	0.10	0.38	32.7%
1999-09-30	0.17	0.01	0.17	0.37	45.6%
1999-06-30	0.11	0.01	0.10	0.32	34.3%
1999-03-31	0.16	0.01	0.15	0.40	40.9%
1998-12-31	0.09	0.00	0.08	0.36	23.7%
1998-09-30	0.13	0.00	0.12	0.33	38.1%
1998-06-30	0.08	0.01	0.08	0.29	28.5%
1998-03-31	0.15	0.00	0.15	0.38	38.9%
1997-12-31	0.09	0.01	0.08	0.37	24.4%
1997-09-30	0.12	0.00	0.12	0.30	40.8%
1997-06-30	0.10	0.02	0.08	0.28	34.3%
1997-03-31	0.11	0.00	0.11	0.37	30.6%
1996-12-31	0.07	0.03	0.05	0.35	21.6%
1996-09-30	0.13	0.00	0.13	0.30	44.7%
1996-06-30	0.19	0.00	0.19	0.36	52.4%