Alphabet Inc Class C (GOOG)

Debt-to-assets ratio

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Long-term debt	US$ in thousands	10,883,000	11,870,000	9,900,000	12,400,000	14,000,000
Total assets	US$ in thousands	450,256,000	402,392,000	365,264,000	359,268,000	319,616,000
Debt-to-assets ratio		0.02	0.03	0.03	0.03	0.04

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $10,883,000K ÷ $450,256,000K
= 0.02

Based on the provided data, Alphabet Inc Class C has demonstrated a decreasing trend in its debt-to-assets ratio over the past five years. The ratio declined from 0.04 as of December 31, 2020, to 0.03 as of December 31, 2021, and maintained this level through December 31, 2022, and December 31, 2023. By December 31, 2024, the debt-to-assets ratio further decreased to 0.02.

This trend indicates that Alphabet Inc Class C has been effectively managing its debt relative to its total assets over the years, showing a decreasing reliance on debt financing compared to its asset base. A lower debt-to-assets ratio signifies a stronger financial position and lower risk associated with debt obligations in proportion to its assets.