ESAB Corp (ESAB)
Debt-to-assets ratio
| Dec 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|
| Long-term debt | US$ in thousands | 1,018,060 | 1,218,640 |
| Total assets | US$ in thousands | 3,828,630 | 3,754,020 |
| Debt-to-assets ratio | 0.27 | 0.32 |
December 31, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $1,018,060K ÷ $3,828,630K
= 0.27
Peer comparison
Dec 31, 2023