Walt Disney Company (DIS)

Debt-to-assets ratio

Sep 30, 2023 Sep 30, 2022 Sep 30, 2021 Sep 30, 2020 Sep 30, 2019
Long-term debt US$ in thousands 42,101,000 45,299,000 48,540,000 52,917,000 38,129,000
Total assets US$ in thousands 205,579,000 203,631,000 203,609,000 201,549,000 193,984,000
Debt-to-assets ratio 0.20 0.22 0.24 0.26 0.20

September 30, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $42,101,000K ÷ $205,579,000K
= 0.20

The debt-to-assets ratio measures the proportion of a company's total assets that are financed by debt. A lower ratio indicates less reliance on debt financing and a higher level of financial stability.

Walt Disney Co (The) has shown a decreasing trend in its debt-to-assets ratio over the past five years. In 2023, the ratio stands at 0.23, indicating that approximately 23% of the company's assets are financed by debt. This suggests that the company has a lower level of financial leverage and a larger proportion of its assets are funded by equity.

The decreasing trend in the debt-to-assets ratio reflects a potential improvement in Walt Disney Co's financial position and risk management, indicating a reduction in the company's overall debt burden relative to its assets. This trend may provide investors and creditors with greater confidence in the company's financial stability and ability to meet its debt obligations.


Peer comparison

Sep 30, 2023


See also:

Walt Disney Company Debt to Assets