Alphabet Inc Class C (GOOG)
Solvency ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Debt-to-capital ratio | 0.03 | 0.03 | 0.03 | 0.03 | 0.04 | 0.03 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.05 | 0.05 | 0.05 | 0.05 | 0.06 | 0.06 | 0.01 | 0.02 |
| Debt-to-equity ratio | 0.03 | 0.03 | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.05 | 0.05 | 0.05 | 0.06 | 0.06 | 0.07 | 0.01 | 0.02 |
| Financial leverage ratio | 1.39 | 1.37 | 1.38 | 1.39 | 1.42 | 1.45 | 1.43 | 1.42 | 1.43 | 1.41 | 1.39 | 1.41 | 1.43 | 1.42 | 1.41 | 1.42 | 1.44 | 1.41 | 1.34 | 1.34 |
The solvency ratios of Alphabet Inc Class C indicate its ability to meet its long-term financial obligations. Looking at the Debt-to-assets ratio, we see a consistent trend of maintaining a low level of debt relative to its assets, which suggests a conservative capital structure. The company's Debt-to-capital ratio and Debt-to-equity ratio also show a stable and low level of debt compared to its total capital and equity, indicating sound financial health.
Analyzing the Financial leverage ratio, we observe that Alphabet Inc Class C has been managing its financial leverage effectively over the years, with the ratio fluctuating slightly but generally staying within a reasonable range. This indicates that the company has a balanced mix of debt and equity to support its operations and growth without excessive financial risk.
In summary, Alphabet Inc Class C demonstrates a strong solvency position with low debt levels in relation to its assets, capital, and equity, along with effective management of financial leverage. These ratios suggest that the company is well-positioned to meet its long-term obligations and sustain its operations in the foreseeable future.
Coverage ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 470.72 | 413.83 | 315.61 | 298.60 | 279.30 | 239.46 | 235.04 | 200.43 | 200.80 | 205.64 | 238.26 | 251.38 | 263.24 | 302.49 | 298.69 | 325.25 | 357.16 | 406.02 | 478.92 | 457.23 |
The interest coverage ratio for Alphabet Inc Class C has shown a fluctuating trend over the periods analyzed. The ratio started at a very high level of 457.23 in March 2020 and continued to remain comfortably above 400 until September 2021. However, there was a gradual decline in the interest coverage ratio thereafter, dropping to 200.80 by December 2022.
The declining trend continued into 2023, reaching a low of 200.43 in March but started to show some improvement by June 2023 at 235.04. This trend continued, with the interest coverage ratio progressively increasing to 470.72 by December 2024, indicating a positive turnaround.
Overall, the fluctuations in the interest coverage ratio suggest that Alphabet Inc Class C has experienced variations in its ability to cover interest expenses with earnings over the analyzed period. It is crucial for the company to maintain a healthy interest coverage ratio to demonstrate its ability to meet its interest obligations and indicate financial stability to investors and creditors.