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