Bruker Corporation (BRKR)
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 | 2,061,800 | 1,160,300 | 1,200,500 | 1,221,800 | 842,300 |
Total assets | US$ in thousands | 5,806,700 | 4,249,900 | 3,611,800 | 3,650,000 | 3,049,000 |
Debt-to-assets ratio | 0.36 | 0.27 | 0.33 | 0.33 | 0.28 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $2,061,800K ÷ $5,806,700K
= 0.36
Based on the data provided, Bruker Corporation's debt-to-assets ratio has shown some fluctuations over the past five years. The ratio was 0.28 as of December 31, 2020, indicating that 28% of the company's assets were funded by debt.
Subsequently, the ratio increased to 0.33 as of December 31, 2021, and remained at the same level as of December 31, 2022, suggesting that 33% of the assets were funded by debt in these years.
On December 31, 2023, the debt-to-assets ratio decreased to 0.27, indicating that 27% of the assets were funded by debt. However, by December 31, 2024, the ratio increased to 0.36, signaling that 36% of the assets were funded by debt.
Overall, the fluctuation in Bruker Corporation's debt-to-assets ratio may indicate changes in the company's capital structure and its ability to manage debt levels in relation to its total assets over the years. It is important to monitor this ratio as it can provide insights into the company's financial risk and leverage position.
Peer comparison
Dec 31, 2024