GE HealthCare Technologies Inc. (GEHC)
Debt-to-equity 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-equity ratio | 0.88 | 1.18 | 0.88 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $7,449,000K ÷ $8,446,000K
= 0.88
The debt-to-equity ratio of GE HealthCare Technologies Inc. has shown some fluctuation over the years. As of December 31, 2022, the ratio was 0.88, indicating that the company had more equity relative to its debt. By December 31, 2023, the ratio increased to 1.18, suggesting a higher level of debt in relation to equity. However, by December 31, 2024, the ratio reverted back to 0.88, similar to the level seen in 2022.
Overall, the changing trend in the debt-to-equity ratio of GE HealthCare Technologies Inc. highlights potential shifts in the company's financing structure and capital management strategies. Investors and stakeholders may want to closely monitor these changes to assess the company's financial risk and leverage position.
Peer comparison
Dec 31, 2024