Alphabet Inc Class A (GOOGL)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 325,084,000 | 314,119,000 | 300,753,000 | 292,844,000 | 283,379,000 | 273,202,000 | 267,141,000 | 260,894,000 | 256,144,000 | 253,626,000 | 255,419,000 | 254,004,000 | 251,635,000 | 244,567,000 | 237,565,000 | 230,013,000 | 222,544,000 | 212,920,000 | 207,322,000 | 203,659,000 |
| 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 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $10,883,000K ÷ ($10,883,000K + $325,084,000K)
= 0.03
The debt-to-capital ratio of Alphabet Inc Class A has shown a relatively stable trend over the analyzed period from March 31, 2020, to December 31, 2024. The ratio started at 0.02 in March 2020, decreased to 0.01 in June 2020, and then increased to 0.06 by both September and December 2020.
Subsequently, the ratio maintained a consistent level of 0.05 from March 2021 to September 2021. It then slightly decreased to 0.04 by March 2022 and continued at this level until December 2024, with minor fluctuations between 0.03 and 0.04.
Overall, the debt-to-capital ratio indicates that Alphabet Inc Class A has kept a low level of debt relative to its capital structure, suggesting a conservative approach to financing its operations and investments. This stability in the ratio demonstrates the company's ability to efficiently manage its debt obligations and maintain a strong capital position throughout the analyzed period.
Peer comparison
Dec 31, 2024