GE HealthCare Technologies Inc. (GEHC)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|---|
| Long-term debt | US$ in thousands | 7,449,000 | 8,436,000 | 8,234,000 |
| Total stockholders’ equity | US$ in thousands | 8,446,000 | 7,133,000 | 9,357,000 |
| Debt-to-capital ratio | 0.47 | 0.54 | 0.47 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $7,449,000K ÷ ($7,449,000K + $8,446,000K)
= 0.47
The debt-to-capital ratio of GE HealthCare Technologies Inc. has shown some fluctuation over the past three years. As of December 31, 2022, the ratio stood at 0.47, indicating that 47% of the company's capital was financed through debt. This ratio increased to 0.54 by December 31, 2023, suggesting a higher reliance on debt financing compared to the previous year. However, by December 31, 2024, the debt-to-capital ratio decreased back to 0.47, returning to its 2022 level.
Overall, the company's debt-to-capital ratio has demonstrated some variability but has generally remained close to the 0.5 mark, indicating a moderate level of debt in its capital structure. It is essential for stakeholders to monitor this ratio to assess the company's financial leverage and risk management strategy.
Peer comparison
Dec 31, 2024