Amazon.com Inc (AMZN)

Debt-to-assets 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	52,623,000	54,890,000	54,889,000	57,634,000	58,314,000	61,098,000	63,092,000	67,084,000	67,150,000	58,919,000	58,053,000	47,556,000	48,744,000	50,055,000	50,279,000	31,868,000	31,816,000	32,929,000	33,128,000	23,437,000
Total assets	US$ in thousands	624,894,000	584,626,000	554,818,000	530,969,000	527,854,000	486,883,000	477,607,000	464,378,000	462,675,000	428,362,000	419,728,000	410,767,000	420,549,000	382,406,000	360,319,000	323,077,000	321,195,000	282,179,000	258,314,000	221,238,000
Debt-to-assets ratio		0.08	0.09	0.10	0.11	0.11	0.13	0.13	0.14	0.15	0.14	0.14	0.12	0.12	0.13	0.14	0.10	0.10	0.12	0.13	0.11

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $52,623,000K ÷ $624,894,000K
= 0.08

The debt-to-assets ratio of Amazon.com Inc shows a relatively stable trend over the period from March 31, 2020, to December 31, 2024. The ratio ranged between 0.08 and 0.15 during this time frame, indicating that Amazon's level of debt in relation to its total assets has been within a moderate range. A lower debt-to-assets ratio suggests that the company relies less on debt financing to fund its operations and investments, which can be viewed as positive for investors and stakeholders in terms of lower financial risk. Amazon's consistent ratio around 0.10 to 0.15 demonstrates a healthy balance between debt and assets, reflecting sound financial management practices. It is essential for investors to monitor this ratio to gauge Amazon's leverage and financial stability over time.