Ecolab Inc (ECL)

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	22,387,800	22,101,600	21,461,800	21,298,500	21,846,600	21,858,100	21,456,200	21,251,500	21,464,300	21,037,000	21,163,600	21,067,200	21,206,400	17,926,200	18,533,700	18,208,100	18,126,000	18,097,100	18,082,400	22,339,600
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 ÷ $22,387,800K
= 0.00

Ecolab Inc has consistently maintained a debt-to-assets ratio of 0.00 over the past several quarters, as per the provided data. This indicates that the company has not taken on any debt relative to its total assets during these periods. A debt-to-assets ratio of 0.00 signifies that Ecolab's assets are entirely financed by equity or other non-debt sources.

Having a debt-to-assets ratio of 0.00 can be considered favorable, as it suggests that the company's financial position is strong, with a low risk of default on debt obligations. It also signifies that Ecolab may not be relying heavily on debt financing for its operations or expansion.

Overall, based on the consistent 0.00 debt-to-assets ratio shown in the data provided, Ecolab Inc appears to have a conservative financial structure with minimal debt exposure, which may be perceived positively by investors and stakeholders.