Caterpillar Inc (CAT)
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 | 87,764,000 | 86,273,000 | 83,336,000 | 83,741,000 | 87,476,000 | 86,791,000 | 85,427,000 | 83,649,000 | 81,943,000 | 80,907,000 | 81,107,000 | 82,276,000 | 82,793,000 | 80,784,000 | 81,697,000 | 80,729,000 | 78,324,000 | 76,741,000 | 76,566,000 | 75,894,000 |
| 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 ÷ $87,764,000K
= 0.00
The debt-to-assets ratio for Caterpillar Inc has consistently been reported as 0.00 for all quarters from March 31, 2020, to December 31, 2024. This indicates that Caterpillar Inc has maintained a firm financial position with no debt relative to its total assets throughout this period. A low or zero debt-to-assets ratio suggests that the company has a low level of financial leverage and is not heavily reliant on debt financing to support its operations and growth. Caterpillar Inc's stable and low debt-to-assets ratio may be viewed positively by investors and creditors as it reflects a conservative financial management approach and a reduced risk of financial distress.
Peer comparison
Dec 31, 2024