Walt Disney Company (DIS)

Debt-to-assets ratio

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 Dec 31, 2019
Long-term debt US$ in thousands 38,970,000 39,524,000 39,510,000 41,603,000 42,101,000 44,544,000 45,066,000 45,128,000 45,299,000 46,022,000 46,624,000 47,349,000 48,540,000 51,110,000 50,903,000 52,878,000 52,917,000 54,197,000 42,770,000 38,057,000
Total assets US$ in thousands 196,219,000 197,772,000 195,110,000 197,774,000 205,579,000 203,783,000 204,858,000 202,124,000 203,631,000 204,074,000 202,453,000 203,311,000 203,609,000 202,221,000 200,250,000 201,888,000 201,549,000 207,649,000 206,294,000 200,948,000
Debt-to-assets ratio 0.20 0.20 0.20 0.21 0.20 0.22 0.22 0.22 0.22 0.23 0.23 0.23 0.24 0.25 0.25 0.26 0.26 0.26 0.21 0.19

September 30, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $38,970,000K ÷ $196,219,000K
= 0.20

The debt-to-assets ratio of Walt Disney Company has shown a relatively stable trend over the past few years, hovering around the range of 0.20 to 0.26. This ratio indicates the proportion of the company's assets that are financed with debt, with a lower ratio suggesting lower financial risk due to a higher proportion of assets being funded by equity.

From the data provided, we can observe that the debt-to-assets ratio has increased slightly from 0.20 in September 2019 to 0.26 in December 2020, before gradually decreasing to 0.20 in September 2024. This decrease may signify a reduction in the company's reliance on debt financing or an increase in asset base relative to its debt obligations.

Overall, the consistent maintenance of a manageable debt-to-assets ratio suggests that Walt Disney Company has been prudent in managing its debt levels relative to its asset base. Investors and stakeholders may view this ratio positively as it indicates a strong financial position and ability to meet debt obligations. It is important for the company to continue monitoring and managing its debt levels to ensure long-term financial stability and sustainability.


Peer comparison

Sep 30, 2024


See also:

Walt Disney Company Debt to Assets (Quarterly Data)