GE Aerospace (GE)
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 | 123,140,000 | 126,698,000 | 123,190,000 | 163,942,000 | 173,300,000 | 156,662,000 | 163,006,000 | 164,472,000 | 188,851,000 | 180,877,000 | 185,540,000 | 191,961,000 | 198,874,000 | 237,133,000 | 237,559,000 | 245,164,000 | 256,211,000 | 254,315,000 | 256,487,000 | 262,021,000 |
| 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 ÷ $123,140,000K
= 0.00
The debt-to-assets ratio for GE Aerospace has consistently remained at 0.00 over the period from March 31, 2020, to December 31, 2024. This indicates that the company has not used debt to finance its assets during this period, which generally implies lower financial risk as the company is not highly leveraged. However, it is important to note that a low debt-to-assets ratio could also suggest missed opportunities for leveraging debt to potentially enhance returns on equity. Overall, the stable ratio implies that GE Aerospace has maintained a conservative financial structure with a focus on using equity to fund its operations and investments.
Peer comparison
Dec 31, 2024