Kimberly-Clark Corporation (KMB)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 7,440,000 | 7,982,000 | 8,049,000 | 8,456,000 | 8,141,000 |
| Total assets | US$ in thousands | 16,546,000 | 17,344,000 | 17,970,000 | 17,837,000 | 17,523,000 |
| Debt-to-assets ratio | 0.45 | 0.46 | 0.45 | 0.47 | 0.46 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $7,440,000K ÷ $16,546,000K
= 0.45
The debt-to-assets ratio of Kimberly-Clark Corporation has been relatively stable over the past five years, ranging from 0.45 to 0.47. This ratio indicates the proportion of the company's assets that are financed by debt. A higher debt-to-assets ratio suggests that a larger portion of the company's assets is funded by debt, which can indicate higher financial risk. In this case, the company's ratio has remained fairly consistent, indicating a moderate level of leverage. It is important to note that the interpretation of this ratio should be considered in conjunction with other financial metrics and industry benchmarks for a comprehensive assessment of the company's financial health and risk profile.
Peer comparison
Dec 31, 2024