International Business Machines (IBM)
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 | 49,884,000 | 52,980,000 | 54,033,000 | 50,121,000 | 48,828,000 | 50,691,000 | 53,826,000 | 46,189,000 | 44,942,000 | 44,328,000 | 46,545,000 | 44,917,000 | 46,926,000 | 48,735,000 | 51,206,000 | 54,217,000 | 55,129,000 | 55,449,000 | 52,685,000 | 54,102,000 |
| Total assets | US$ in thousands | 137,175,000 | 134,339,000 | 137,169,000 | 135,241,000 | 129,321,000 | 132,213,000 | 133,637,000 | 127,243,000 | 125,850,000 | 127,503,000 | 133,275,000 | 132,001,000 | 144,214,000 | 146,814,000 | 148,629,000 | 155,971,000 | 154,128,000 | 154,200,000 | 153,403,000 | 152,186,000 |
| Debt-to-assets ratio | 0.36 | 0.39 | 0.39 | 0.37 | 0.38 | 0.38 | 0.40 | 0.36 | 0.36 | 0.35 | 0.35 | 0.34 | 0.33 | 0.33 | 0.34 | 0.35 | 0.36 | 0.36 | 0.34 | 0.36 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $49,884,000K ÷ $137,175,000K
= 0.36
The debt-to-assets ratio of International Business Machines has shown some fluctuations over the period from December 31, 2019, to December 31, 2024. The ratio ranged between 0.33 and 0.40 during this period, with the highest value observed on March 31, 2023.
Overall, the trend indicates that the company has generally maintained a relatively steady level of debt relative to its assets, with the ratio hovering around the mid-0.30s to mid-0.40s range. This suggests that IBM has been able to effectively manage its debt levels in relation to its total assets over the analyzed period.
It is worth noting that while there were fluctuations in the ratio over time, the changes were not overly dramatic, indicating a certain level of stability in IBM's debt management practices. Investors and stakeholders may find it reassuring that the company has maintained a consistent debt-to-assets ratio within a relatively narrow range, reflecting a balanced approach to financing its operations.
Peer comparison
Dec 31, 2024
See also:
International Business Machines Debt to Assets (Quarterly Data)