Crown Holdings Inc (CCK)

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	6,058,000	6,699,000	6,792,000	6,052,000	8,023,000
Total assets	US$ in thousands	13,848,000	15,034,000	14,301,000	13,858,000	16,691,000
Debt-to-assets ratio		0.44	0.45	0.47	0.44	0.48

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $6,058,000K ÷ $13,848,000K
= 0.44

The debt-to-assets ratio of Crown Holdings Inc has shown a consistent downward trend over the past five years, decreasing from 0.48 in December 31, 2020 to 0.44 in December 31, 2024. This indicates that the company has been successful in reducing its reliance on debt to finance its assets. However, it is worth noting that the ratio increased slightly in 2022 and 2023 before declining again in 2024. Overall, Crown Holdings Inc's decreasing debt-to-assets ratio suggests a healthier financial position with a lower level of debt relative to its total assets.

Peer comparison

Dec 31, 2024

Company name

Symbol

Debt-to-assets ratio

Crown Holdings Inc

CCK

0.44