GE Aerospace (GE)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 19,342,000 | 27,403,000 | 33,696,000 | 40,310,000 | 35,552,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $19,342,000K)
= 0.00
The debt-to-capital ratio for GE Aerospace has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations relative to its total capital over this period. A debt-to-capital ratio of 0.00 signifies that all the capital employed by the company comes from equity rather than debt. It suggests that GE Aerospace has a strong financial position and is not relying on borrowed funds to support its operations and investments.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-capital ratio
GE Aerospace
GE
0.00
Emerson Electric Company
EMR
0.25
GE Vernova LLC
GEV
0.00
Otis Worldwide Corp
OTIS
3.28