Alphabet Inc Class A (GOOGL)

Debt-to-assets ratio

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Long-term debt US$ in thousands 10,300,000 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 3,958,000 3,956,000 3,954,000 3,952,000
Total assets US$ in thousands 402,392,000 396,711,000 383,044,000 369,491,000 365,264,000 358,255,000 355,185,000 357,096,000 359,268,000 347,403,000 335,387,000 327,095,000 319,616,000 299,243,000 278,492,000 273,403,000 275,909,000 263,044,000 257,101,000 245,349,000
Debt-to-assets ratio 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 0.01 0.02 0.02 0.02

December 31, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $10,300,000K ÷ $402,392,000K
= 0.03

The debt-to-assets ratio for Alphabet Inc has remained fairly consistent over the past eight quarters, ranging from 0.03 to 0.04. This indicates that the company has maintained a relatively low level of debt in relation to its total assets. A lower debt-to-assets ratio suggests that the company has a smaller proportion of its assets financed through debt, which can be viewed positively as it implies lower financial risk. However, it’s important to keep in mind that the interpretation of this ratio should be considered alongside other financial metrics and industry benchmarks for a comprehensive assessment of the company’s financial health and risk.


Peer comparison

Dec 31, 2023