The Boeing Company (BA)

Debt-to-assets ratio

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Long-term debt US$ in thousands
Total assets US$ in thousands 137,012,000 134,281,000 134,774,000 136,347,000 137,100,000 137,558,000 135,479,000 135,801,000 138,552,000 146,846,000 148,935,000 150,035,000 152,136,000 161,261,000 162,872,000 143,075,000 133,625,000 132,598,000 126,261,000 120,209,000
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

December 31, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $137,012,000K
= 0.00

The debt-to-assets ratio of Boeing Co. has shown a decreasing trend from 0.43 in March 2022 to 0.38 in December 2023. This suggests that the company has been effectively managing its debt in relation to its total assets. A decreasing trend in the debt-to-assets ratio indicates that Boeing Co. has been reducing its reliance on debt to finance its operations and investments, which can be viewed positively by investors and creditors. It indicates a stronger financial position and lower financial risk for the company. This trend implies that Boeing Co. has been able to maintain a healthier balance between its debt and assets over the observed period.


Peer comparison

Dec 31, 2023

Company name
Symbol
Debt-to-assets ratio
The Boeing Company
BA
0.00
AeroVironment Inc
AVAV
0.02

See also:

The Boeing Company Debt to Assets (Quarterly Data)