Danaher Corporation (DHR)

Debt-to-assets ratio

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Long-term debt	US$ in thousands	16,707,000	19,513,000	18,285,000	18,261,000	19,086,000	18,542,000	20,052,000	21,768,000	22,168,000	23,591,000	20,400,000	20,267,000	21,193,000	21,806,100	22,370,000	22,737,200	21,517,000	16,536,200	10,144,400	9,458,200
Total assets	US$ in thousands	84,488,000	87,734,000	84,902,000	85,040,000	84,350,000	81,030,000	81,806,000	83,392,000	83,184,000	82,498,000	78,027,000	75,426,000	76,161,000	72,890,700	71,268,400	68,930,300	62,082,000	61,531,100	53,322,000	51,774,400
Debt-to-assets ratio		0.20	0.22	0.22	0.21	0.23	0.23	0.25	0.26	0.27	0.29	0.26	0.27	0.28	0.30	0.31	0.33	0.35	0.27	0.19	0.18

December 31, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $16,707,000K ÷ $84,488,000K
= 0.20

The debt-to-assets ratio of Danaher Corp. has shown a relatively stable trend over the past eight quarters, ranging between 0.22 and 0.26. This ratio indicates how much of the company's assets are financed through debt, with a lower ratio suggesting lower financial risk and greater financial stability.

Throughout the quarters presented, Danaher Corp. has maintained a moderate level of debt compared to its total assets, indicating a prudent approach to capital structure management. The slight fluctuations in the ratio suggest that the company has been managing its debt levels effectively without significantly increasing financial leverage.

Overall, the debt-to-assets ratio of Danaher Corp. suggests a healthy balance between debt and assets, potentially indicating a sound financial position and sufficient capacity to meet its debt obligations.