Honeywell International Inc (HON)
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 | — | — | — | — | — |
| Total assets | US$ in thousands | 1,365,000 | 61,525,000 | 62,275,000 | 64,470,000 | 64,586,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,365,000K
= 0.00
The debt-to-assets ratio for Honeywell International Inc has consistently been 0.00 for the years 2020 to 2024. This indicates that the company has not utilized any debt to finance its assets during this period. A debt-to-assets ratio of 0.00 suggests that the company relies solely on equity to fund its operations and investments, which can be viewed positively by investors and creditors as it signifies a lower financial risk and a strong balance sheet. Honeywell's ability to maintain a debt-free capital structure may indicate financial stability and effective management of its financial resources.
Peer comparison
Dec 31, 2024