Honeywell International Inc (HON)

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	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total stockholders’ equity	US$ in thousands	26,674,000	17,406,000	16,947,000	16,454,000	15,856,000	17,775,000	17,299,000	17,515,000	17,319,000	17,707,000	17,541,000	18,365,000	19,242,000	17,842,000	18,202,000	18,252,000	17,790,000	18,313,000	18,147,000	17,644,000
Debt-to-capital ratio		0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	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 + $26,674,000K)
= 0.00

The debt-to-capital ratio of Honeywell International Inc has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations relative to its capital structure during this period. A debt-to-capital ratio of 0.00 suggests that the company relies more on equity financing rather than debt financing for its operations and investments. This could indicate a conservative approach to managing its financial obligations and may reflect positively on the company's overall financial health and stability.