Crown Holdings Inc (CCK)
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 | 6,058,000 | 6,672,000 | 5,949,000 | 6,623,000 | 6,699,000 | 6,240,000 | 6,986,000 | 7,046,000 | 6,792,000 | 6,709,000 | 5,466,000 | 5,654,000 | 6,052,000 | 6,034,000 | 7,879,000 | 7,875,000 | 8,023,000 | 8,039,000 | 7,999,000 | 8,631,000 |
| Total assets | US$ in thousands | 13,848,000 | 15,095,000 | 14,858,000 | 14,691,000 | 15,034,000 | 14,321,000 | 14,569,000 | 14,412,000 | 14,301,000 | 14,224,000 | 14,399,000 | 14,430,000 | 13,858,000 | 16,006,000 | 16,695,000 | 16,180,000 | 16,691,000 | 15,629,000 | 15,265,000 | 15,533,000 |
| Debt-to-assets ratio | 0.44 | 0.44 | 0.40 | 0.45 | 0.45 | 0.44 | 0.48 | 0.49 | 0.47 | 0.47 | 0.38 | 0.39 | 0.44 | 0.38 | 0.47 | 0.49 | 0.48 | 0.51 | 0.52 | 0.56 |
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 been fluctuating over the period under consideration. It decreased from 0.56 as of March 31, 2020, to 0.38 as of September 30, 2021, indicating a decrease in the proportion of debt to total assets. However, it showed some volatility thereafter, with minor fluctuations between 0.38 and 0.49 until December 31, 2023.
From March 31, 2024, to December 31, 2024, the debt-to-assets ratio stabilized around 0.44, suggesting a more consistent level of debt relative to assets. Overall, the trend displays the company's ability to manage its debt levels in comparison to its asset base over the analyzed period, with some variations that may merit further investigation.
Peer comparison
Dec 31, 2024