Brunswick Corporation (BC)
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 | 5,677,700 | 6,230,500 | 6,321,300 | 5,425,000 | 3,770,600 |
| 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 ÷ $5,677,700K
= 0.00
The debt-to-assets ratio for Brunswick Corporation, as per the provided data, has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This implies that the company has had no debt relative to its total assets during this period. A debt-to-assets ratio of 0.00 typically indicates that the company has not utilized any debt financing to fund its operations or investments, relying solely on equity or other sources of financing. This could suggest a conservative financial strategy, as the company has not taken on any debt obligations that would require interest payments or pose potential financial risks associated with high leverage.
Peer comparison
Dec 31, 2024