Brunswick Corporation (BC)
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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 5,677,700 | 6,023,500 | 6,395,700 | 6,508,700 | 6,230,500 | 6,100,900 | 6,290,100 | 6,288,600 | 6,321,300 | 6,124,900 | 6,166,500 | 6,093,000 | 5,425,000 | 5,180,600 | 4,138,500 | 3,943,200 | 3,770,600 | 3,690,800 | 3,739,100 | 3,904,600 |
| 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, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $5,677,700K
= 0.00
The debt-to-assets ratio of Brunswick Corporation has remained consistent at 0.00 over the past several quarters, indicating that the company has not taken on any debt relative to its total assets. A debt-to-assets ratio of 0.00 signifies that the company's assets are entirely financed by equity rather than debt. This may suggest that Brunswick Corporation has a strong financial position with low financial leverage and a reduced risk of financial distress due to debt obligations. However, it is important to note that a low debt-to-assets ratio may also imply missed opportunities for leveraging debt to potentially enhance returns on equity. It would be beneficial to further analyze Brunswick Corporation's capital structure and overall financial strategy to better understand its decision-making regarding debt financing.
Peer comparison
Dec 31, 2024