GE Aerospace (GE)

Debt-to-capital ratio

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Long-term debt	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total stockholders’ equity	US$ in thousands	27,378,000	28,665,000	31,194,000	31,652,000	33,696,000	31,475,000	34,649,000	39,005,000	40,310,000	37,477,000	33,487,000	33,585,000	35,552,000	33,269,000	33,674,000	35,284,000	28,316,000	27,935,000	35,816,000	35,161,000
Debt-to-capital 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, 2023 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $27,378,000K)
= 0.00

General Electric Co.'s debt-to-capital ratio has shown fluctuations over the past eight quarters. In Q1 2022, the ratio was 0.46, and it remained relatively stable in Q2 and Q3 2022 at 0.48 and 0.49, respectively. However, a decrease was observed in Q4 2022 to 0.47.

Throughout 2023, the trend reversed, with the ratio decreasing steadily from 0.47 in Q4 2022 to 0.41 in Q1 2023. This decline indicates a relatively lower reliance on debt to finance the company's operations and investments compared to its capital structure.

Overall, the decreasing trend in General Electric Co.'s debt-to-capital ratio in 2023 suggests a potential improvement in the company's financial leverage and risk management. However, it is important to monitor future quarters to assess the long-term sustainability of this trend in managing the company's capital structure effectively.