LyondellBasell Industries NV (LYB)
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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Total assets | US$ in thousands | 35,746,000 | 37,263,000 | 37,064,000 | 36,624,000 | 37,000,000 | 36,875,000 | 36,683,000 | 36,255,000 | 36,365,000 | 36,491,000 | 37,024,000 | 37,854,000 | 36,742,000 | 38,662,000 | 37,259,000 | 35,746,000 | 35,403,000 | 31,949,000 | 31,541,000 | 31,100,000 |
Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $35,746,000K
= 0.00
The debt-to-assets ratio of LyondellBasell Industries NV has consistently been reported as 0.00 for the periods from March 31, 2020, to December 31, 2024. This indicates that the company has not reported any debt in relation to its total assets during these periods. A debt-to-assets ratio of 0.00 suggests that the company's assets are entirely financed by equity rather than debt. This can be seen as a positive indicator of financial stability and lower financial risk, as the company is not relying on borrowed funds to support its operations and investments.
Peer comparison
Dec 31, 2024
See also:
LyondellBasell Industries NV Debt to Assets (Quarterly Data)