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.
Peer comparison
Dec 31, 2024