Honeywell International Inc (HON)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $957,000K
= 0.00
Honeywell International Inc has maintained a consistent debt-to-equity ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations during this period, relying solely on equity financing. A debt-to-equity ratio of 0.00 suggests that the company's financial structure is conservative, with a strong emphasis on equity funding and a lower financial risk level. This stability in the debt-to-equity ratio may stem from a strategic decision to prioritize equity capital or a lack of significant debt obligations. It is important to note that while a lower debt-to-equity ratio is generally considered favorable as it signifies lower financial leverage, it is vital to assess other financial metrics and factors to gain a holistic understanding of the company's financial health and performance.
Peer comparison
Dec 31, 2024