The Boeing Company (BA)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 156,363,000 | 137,012,000 | 137,100,000 | 138,552,000 | 152,136,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $156,363,000K
= 0.00
The debt-to-assets ratio for The Boeing Company has remained consistently at 0.00 over the past five years, indicating that the company has not used any debt to finance its assets during this period. A debt-to-assets ratio of 0.00 implies that Boeing's assets are entirely financed by equity, which may suggest a strong financial position and minimal financial risk associated with debt obligations. It is important to note that a very low or zero debt-to-assets ratio may limit the company's ability to take advantage of leverage for potential growth opportunities, but it also signifies financial stability and an ability to weather economic downturns with minimal financial strain.
Peer comparison
Dec 31, 2024