Booking Holdings Inc (BKNG)
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 | 27,708,000 | 24,342,000 | 25,361,000 | 23,641,000 | 21,874,000 |
| 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 ÷ $27,708,000K
= 0.00
Booking Holdings Inc's debt-to-assets ratio, as per the data provided, has consistently been at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt financing to acquire assets during this period, suggesting a strong financial position with minimal risk associated with debt obligations. A debt-to-assets ratio of 0.00 typically signifies that the company's assets are entirely funded by equity capital, which could imply financial stability and the absence of leverage-related risks. However, it's important to note that a low debt-to-assets ratio may also indicate missed opportunities for leveraging debt to potentially enhance returns on equity. Overall, Booking Holdings Inc's consistent 0.00 debt-to-assets ratio suggests a conservative financial strategy focused on capitalizing assets without resorting to debt financing.
Peer comparison
Dec 31, 2024