Keurig Dr Pepper Inc (KDP)
Debt-to-assets 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 | 12,912,000 | 12,413,000 | 12,406,000 | 12,929,000 | 9,945,000 | 9,940,000 | 9,934,000 | 9,929,000 | 11,072,000 | 11,561,000 | 11,555,000 | 11,584,000 | 11,578,000 | 11,727,000 | 11,721,000 | 11,715,000 | 11,143,000 | 11,707,000 | 11,849,000 | 12,431,000 |
| Total assets | US$ in thousands | 53,430,000 | 52,718,000 | 52,344,000 | 52,286,000 | 52,130,000 | 51,763,000 | 51,801,000 | 51,660,000 | 51,837,000 | 51,440,000 | 51,428,000 | 51,244,000 | 50,598,000 | 50,330,000 | 50,344,000 | 50,403,000 | 49,779,000 | 49,381,000 | 49,026,000 | 48,843,000 |
| Debt-to-assets ratio | 0.24 | 0.24 | 0.24 | 0.25 | 0.19 | 0.19 | 0.19 | 0.19 | 0.21 | 0.22 | 0.22 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.22 | 0.24 | 0.24 | 0.25 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $12,912,000K ÷ $53,430,000K
= 0.24
The debt-to-assets ratio of Keurig Dr Pepper Inc has shown a stable trend over the period from March 31, 2020, to December 31, 2024. The ratio ranged from 0.19 to 0.25 during this time frame, with the lowest value recorded as 0.19 and the highest as 0.25 on various reporting dates.
The company's debt-to-assets ratio indicates the proportion of its assets financed by debt. A lower ratio suggests that a smaller portion of the company's assets is funded by debt, which can be considered a positive sign in terms of financial stability and risk management. The decreasing trend observed in the ratio from 0.25 in March 31, 2020, to 0.24 in December 31, 2024, followed by a subsequent decline to 0.21 in December 31, 2022, and then a slight increase to 0.24 in June 30, 2024, might signify an improved ability to finance assets without relying heavily on debt.
Overall, Keurig Dr Pepper Inc's debt-to-assets ratio indicates a relatively conservative approach towards debt financing, with the company maintaining a reasonable balance between debt and assets over the analyzed period.
Peer comparison
Dec 31, 2024