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

Company name
Symbol
Debt-to-assets ratio
Kimberly-Clark Corporation
KMB
0.45
Avery Dennison Corp
AVY
0.00

See also:

Kimberly-Clark Corporation Debt to Assets