CNH Industrial N.V. (CNH)
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 | — | — | — | — | — |
| Total assets | US$ in thousands | 42,933,000 | 46,267,000 | 39,381,000 | 49,416,000 | 48,719,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $42,933,000K
= 0.00
The debt-to-assets ratio of CNH Industrial N.V. has consistently remained at 0.00 over the five-year period from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its assets during this period. A low or zero debt-to-assets ratio may suggest that the company relies more on equity financing, which can be viewed positively as it implies lower financial risk and greater financial stability. However, it's essential to recognize that a very low debt-to-assets ratio may also indicate missed opportunities for leveraging debt to achieve higher returns on equity. Overall, the stable ratio suggests a conservative approach to financing and indicates a strong financial position with minimal debt obligations relative to its total assets.
Peer comparison
Dec 31, 2024