Bruker Corporation (BRKR)

Debt-to-equity 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 stockholders’ equity	US$ in thousands	1,781,200	1,377,200	1,113,800	1,070,500	961,200
Debt-to-equity ratio		1.16	0.84	1.08	1.14	0.88

December 31, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $2,061,800K ÷ $1,781,200K
= 1.16

The debt-to-equity ratio for Bruker Corporation has exhibited fluctuations over the past five years. As of December 31, 2020, the ratio stood at 0.88, indicating a relatively conservative capital structure with less reliance on debt financing. However, by December 31, 2021, the ratio increased to 1.14, suggesting a higher proportion of debt in relation to equity.

Subsequently, as of December 31, 2022, the ratio decreased to 1.08 before declining further to 0.84 by the end of December 31, 2023. This decline indicates a possible reduction in debt relative to equity, signaling a more balanced capital structure.

However, by the end of December 31, 2024, the debt-to-equity ratio rose to 1.16, surpassing the levels seen in the previous years. This increase may suggest heightened leverage or increased debt levels compared to equity during that period.

Overall, the trend in Bruker Corporation's debt-to-equity ratio reflects varying degrees of leverage and financial risk over the five-year period, potentially impacting the company's financial stability and ability to meet its obligations. Further analysis of the company's financial health and operational efficiency would be essential to fully understand the implications of these fluctuations in the debt-to-equity ratio.