Agilent Technologies Inc (A)
Debt-to-capital ratio
| Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | 2,730,000 | 2,730,000 | 2,729,000 | 2,728,000 | 2,727,000 | 2,185,000 | 2,284,000 | 2,283,000 | 1,788,000 | 1,787,000 |
| Total stockholders’ equity | US$ in thousands | 5,898,000 | 5,903,000 | 6,214,000 | 6,188,000 | 5,845,000 | 5,558,000 | 5,781,000 | 5,609,000 | 5,305,000 | 5,091,000 | 5,122,000 | 5,154,000 | 5,389,000 | 4,946,000 | 4,810,000 | 4,804,000 | 4,873,000 | 4,981,000 | 4,768,000 | 4,848,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.35 | 0.35 | 0.34 | 0.36 | 0.36 | 0.31 | 0.32 | 0.31 | 0.27 | 0.27 |
October 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $5,898,000K)
= 0.00
The debt-to-capital ratio of Agilent Technologies Inc has shown a consistent trend of remaining close to zero in recent quarters, indicating a minimal level of debt relative to its capital structure. However, there was a slight increase in the ratio in the most recent quarters, reaching around 0.35, which suggests a slightly higher proportion of debt compared to the earlier quarters. It's important to note that even with this increase, the company's debt levels remain relatively low compared to its overall capitalization. Overall, Agilent Technologies Inc seems to have a conservative approach towards managing its debt obligations, maintaining a healthy balance between debt and equity in its capital structure.
Peer comparison
Oct 31, 2024