Alphabet Inc Class A (GOOGL)
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 for Alphabet Inc Class A has been relatively stable over the past few years, ranging between 0.01 and 0.05. As of December 31, 2024, the ratio stood at 0.02, indicating that the company's debt represents 2% of its total assets. A lower debt-to-assets ratio suggests that Alphabet Inc Class A has a lower level of debt relative to its assets, which can be viewed positively as it may indicate lower financial risk and greater financial stability. The consistent decrease in the ratio over time suggests that the company has been effectively managing its debt levels in relation to its asset base.
Peer comparison
Dec 31, 2024