Honeywell International Inc (HON)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 957,000 | 15,856,000 | 17,319,000 | 19,242,000 | 17,790,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $957,000K)
= 0.00
Honeywell International Inc has maintained a consistent debt-to-capital ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not relied heavily on debt as a source of financing relative to its total capital structure. A low debt-to-capital ratio can signal financial stability and strong creditworthiness as it suggests a lower risk of default. Honeywell's consistent low debt-to-capital ratio over the years reflects a conservative approach to managing its financial leverage and indicates a healthy balance between debt and equity in its capital structure.
Peer comparison
Dec 31, 2024