Alphabet Inc Class C (GOOG)

Debt-to-assets ratio

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Long-term debt	US$ in thousands	10,883,000	9,500,000	8,900,000	9,000,000	11,870,000	9,600,000	10,100,000	10,200,000	9,900,000	9,700,000	10,400,000	11,400,000	12,400,000	12,300,000	12,400,000	13,000,000	14,000,000	13,900,000	2,963,000	3,960,000
Total assets	US$ in thousands	450,256,000	430,266,000	414,770,000	407,350,000	402,392,000	396,711,000	383,044,000	369,491,000	365,264,000	358,255,000	355,185,000	357,096,000	359,268,000	347,403,000	335,387,000	327,095,000	319,616,000	299,243,000	278,492,000	273,403,000
Debt-to-assets ratio		0.02	0.02	0.02	0.02	0.03	0.02	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.04	0.04	0.04	0.04	0.05	0.01	0.01

December 31, 2024 calculation

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

The debt-to-assets ratio of Alphabet Inc Class C has remained relatively low and stable over the period from March 31, 2020, to December 31, 2024. The ratio started at 0.01 in March 2020 and gradually increased to 0.05 by September 2020, indicating a slight increase in the company's debt relative to its assets. However, from December 2020 to March 2024, the ratio fluctuated between 0.03 and 0.04, suggesting a consistent level of debt utilization compared to the company's total assets.

Overall, the downward trend observed in the debt-to-assets ratio from September 2023 to December 2024, where the ratio decreased from 0.03 to 0.02, indicates that Alphabet Inc Class C has been effectively managing its debt levels relative to its asset base during this period. A lower debt-to-assets ratio typically signifies lower financial risk and indicates a stronger financial position for the company.