Danaher Corporation (DHR)
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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 77,542,000 | 80,615,000 | 78,555,000 | 83,402,000 | 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 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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
Danaher Corporation's debt-to-assets ratio has consistently remained at 0.00% from March 31, 2020, to December 31, 2024. This indicates that the company has not used any debt to finance its assets during this period. A debt-to-assets ratio of 0.00% suggests that Danaher Corporation relies mainly on equity financing to fund its operations and investments, which may indicate a strong financial position and low financial risk. It also implies that the company may have sufficient internal resources or cash flows to support its growth and profitability without taking on debt. A consistently low debt-to-assets ratio can be viewed positively by investors and creditors as it signifies financial stability and the ability to manage obligations without significant leverage.
Peer comparison
Dec 31, 2024