Graphic Packaging Holding Company (GPK)
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 | 5,145,000 | 4,609,000 | 5,200,000 | 5,515,000 | 3,147,000 |
| Total assets | US$ in thousands | 11,144,000 | 11,175,000 | 10,328,000 | 10,457,000 | 7,805,000 |
| Debt-to-assets ratio | 0.46 | 0.41 | 0.50 | 0.53 | 0.40 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $5,145,000K ÷ $11,144,000K
= 0.46
The debt-to-assets ratio for Graphic Packaging Holding Company has shown some fluctuation over the past five years. Starting at 0.40 in December 31, 2020, it increased to 0.53 by December 31, 2021, indicating a higher proportion of debt relative to assets. In the following years, the ratio decreased slightly to 0.50 by December 31, 2022, then rose to 0.41 by December 31, 2023, and finally settled at 0.46 by December 31, 2024.
Overall, the trend suggests that the company's level of debt relative to its asset base has varied but has generally remained within a moderate range. It is essential for stakeholders to monitor this ratio to assess the company's leverage and financial risk.
Peer comparison
Dec 31, 2024