Alphabet Inc Class A (GOOGL)

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

The debt-to-assets ratio of Alphabet Inc Class A has shown a decreasing trend over the past five years, declining from 0.04 in December 31, 2020, to 0.02 in December 31, 2024. This indicates that the company's level of debt relative to its total assets has been decreasing, implying a stronger financial position and lower risk of financial distress. A lower debt-to-assets ratio suggests that Alphabet Inc Class A relies less on debt financing and has a higher proportion of assets funded by equity. Overall, the decreasing trend in the debt-to-assets ratio reflects positive financial management and a healthier balance sheet structure for Alphabet Inc Class A.