Danaher Corporation (DHR)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 49,543,000 | 53,486,000 | 50,082,000 | 45,167,000 | 39,766,000 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $49,543,000K
= 0.00
Based on the provided data, Danaher Corporation has consistently maintained a debt-to-equity ratio of 0.00 over the past five years (from December 31, 2020, to December 31, 2024).
A debt-to-equity ratio of 0.00 typically indicates that the company has no debt on its balance sheet or that its debt is significantly outweighed by its equity. This can be viewed positively by investors and creditors as it suggests a lower financial risk and a strong financial position.
Danaher's ability to operate with minimal debt relative to its equity could signify prudent financial management, strategic capital structure decisions, or strong operational cash flows. It could also indicate that the company relies more on equity financing than debt financing for its capital needs.
Overall, a consistently low debt-to-equity ratio over the years reflects positively on Danaher Corporation's financial stability and capacity to manage its financial obligations effectively.
Peer comparison
Dec 31, 2024