Danaher Corporation (DHR)
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 | 77,542,000 | 84,488,000 | 84,350,000 | 83,184,000 | 76,161,000 |
| 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 ÷ $77,542,000K
= 0.00
The debt-to-assets ratio for Danaher Corporation has consistently remained at 0.00 for the years 2020 to 2024. This indicates that the company has not utilized debt to finance its operations or investments during this period and has instead relied on equity financing. A low or zero debt-to-assets ratio suggests that the company has a strong financial position and is not heavily burdened by debt obligations. Danaher Corporation's ability to maintain a low debt-to-assets ratio may signify a conservative financial strategy aimed at reducing financial risk and enhancing long-term stability.
Peer comparison
Dec 31, 2024