Graphic Packaging Holding Company (GPK)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 5,145,000 | 5,372,000 | 4,930,000 | 4,609,000 | 4,821,000 | 5,046,000 | 5,463,000 | 5,200,000 | 5,195,000 | 5,506,000 | 5,645,000 | 5,515,000 | 4,132,000 | 3,742,000 | 3,787,000 | 3,147,000 | 3,196,900 | 3,028,800 | 3,434,500 | 2,809,900 |
| Total assets | US$ in thousands | 11,144,000 | 11,231,000 | 11,349,000 | 11,175,000 | 10,905,000 | 10,739,000 | 10,599,000 | 10,328,000 | 10,182,000 | 10,397,000 | 10,543,000 | 10,457,000 | 8,288,000 | 7,842,000 | 7,747,000 | 7,805,000 | 7,682,000 | 7,666,400 | 7,446,200 | 7,290,000 |
| Debt-to-assets ratio | 0.46 | 0.48 | 0.43 | 0.41 | 0.44 | 0.47 | 0.52 | 0.50 | 0.51 | 0.53 | 0.54 | 0.53 | 0.50 | 0.48 | 0.49 | 0.40 | 0.42 | 0.40 | 0.46 | 0.39 |
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 of Graphic Packaging Holding Company has shown some fluctuations over the years. It stood at 0.39 as of December 31, 2019, indicating that 39% of the company's assets were financed by debt. The ratio increased to 0.46 by March 31, 2020, before decreasing to 0.40 by June 30, 2020. Throughout the following years, the ratio continued to fluctuate, reaching its peak of 0.54 on March 31, 2022.
Overall, the trend has been somewhat volatile, with the ratio oscillating between 0.39 and 0.54. The latest data point as of December 31, 2024, shows the debt-to-assets ratio at 0.46, signifying that 46% of the company's assets were funded by debt. This indicates that Graphic Packaging Holding Company has relied moderately on debt to finance its operations and investments over the period analyzed. It would be important to monitor this ratio in the future to assess the company's leverage and financial risk.
Peer comparison
Dec 31, 2024