Kimberly-Clark Corporation (KMB)
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 | 7,440,000 | 7,447,000 | 7,955,000 | 7,963,000 | 7,982,000 | 8,053,000 | 8,068,000 | 8,415,000 | 8,049,000 | 7,988,000 | 8,061,000 | 8,115,000 | 8,456,000 | 7,870,000 | 7,904,000 | 7,859,000 | 8,141,000 | 8,108,000 | 7,980,000 | 7,967,000 |
| Total assets | US$ in thousands | 16,546,000 | 17,165,000 | 17,280,000 | 17,092,000 | 17,344,000 | 17,153,000 | 17,383,000 | 18,177,000 | 17,970,000 | 17,836,000 | 18,114,000 | 18,672,000 | 17,837,000 | 17,775,000 | 17,827,000 | 17,226,000 | 17,523,000 | 16,531,000 | 16,173,000 | 15,677,000 |
| Debt-to-assets ratio | 0.45 | 0.43 | 0.46 | 0.47 | 0.46 | 0.47 | 0.46 | 0.46 | 0.45 | 0.45 | 0.45 | 0.43 | 0.47 | 0.44 | 0.44 | 0.46 | 0.46 | 0.49 | 0.49 | 0.51 |
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 shown a slight fluctuation over the past few years. The ratio decreased from 0.51 as of March 31, 2020, to 0.43 as of September 30, 2024. This indicates that the company has been reducing its debt in comparison to its total assets.
The reduction in the debt-to-assets ratio suggests that Kimberly-Clark Corporation has been effectively managing its debt levels in relation to its asset base. A lower ratio implies that the company relies less on debt financing to fund its operations and expansions, which can be seen as a positive sign of financial health and stability.
Overall, the decreasing trend in the debt-to-assets ratio of Kimberly-Clark Corporation reflects a prudent approach to managing its capital structure and financial obligations, which may enhance its overall financial performance and resilience in the long run.
Peer comparison
Dec 31, 2024