Bunge Limited (BG)
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 | 24,899,000 | 25,372,000 | 24,580,000 | 23,819,000 | 23,655,000 |
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 ÷ $24,899,000K
= 0.00
The debt-to-assets ratio for Bunge Limited has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that Bunge Limited has not utilized any debt to finance its assets during this period. A debt-to-assets ratio of 0.00 suggests that the company is primarily financing its assets through equity, signaling a lower financial risk as there is no debt in the capital structure. However, while a low debt-to-assets ratio can indicate financial stability, it may also imply missed opportunities for leveraging debt to potentially enhance returns. Further evaluation of the company's overall financial health and profitability would provide a more comprehensive analysis of its financial performance.
Peer comparison
Dec 31, 2024