GE HealthCare Technologies Inc. (GEHC)

Debt-to-equity ratio

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023
Long-term debt US$ in thousands 7,449,000 9,306,000 8,233,000 8,247,000 8,436,000 10,253,000
Total stockholders’ equity US$ in thousands 8,446,000 8,317,000 7,801,000 7,408,000 7,133,000 7,131,000
Debt-to-equity ratio 0.88 1.12 1.06 1.11 1.18 1.44

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 a decreasing trend over the past few quarters, indicating a potential improvement in the company's financial leverage and risk profile. As of December 31, 2024, the ratio stood at 0.88, which suggests that the company has a lower level of debt relative to its equity. This decrease from previous quarters may signal that GE HealthCare Technologies Inc. has been able to effectively manage its debt levels, potentially reducing financial risk and enhancing its overall financial health. However, it is essential to continue monitoring this ratio to ensure sustainable and balanced capital structure management over time.


Peer comparison

Dec 31, 2024

Company name
Symbol
Debt-to-equity ratio
GE HealthCare Technologies Inc.
GEHC
0.88
Hologic Inc
HOLX
0.49