Ford Motor Company (F)
Debt-to-assets ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | 291,000 | 470,000 |
| Total assets | US$ in thousands | 273,310,000 | 255,884,000 | 257,035,000 | 267,261,000 | 258,537,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $273,310,000K
= 0.00
The debt-to-assets ratio of Ford Motor Co. has been relatively stable over the past five years, fluctuating within the range of 0.54 to 0.60. This ratio indicates the proportion of the company's assets that are financed through debt.
A debt-to-assets ratio of 0.55 as of December 31, 2023, suggests that 55% of Ford's assets are funded by debt. This implies that the company relies more on debt financing than equity financing to support its operations and investments.
While the debt-to-assets ratio has shown some minor variations over the period, the general trend indicates that Ford has been maintaining a moderate level of leverage in its capital structure. It is important for investors and creditors to consider this ratio as it reflects the company's risk exposure and financial stability. Overall, Ford Motor Co. appears to have a consistent approach to balancing its debt and assets in its capital structure.
Peer comparison
Dec 31, 2023