Meta Platforms Inc. (META)
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 | 28,826,000 | 28,823,000 | 18,389,000 | 18,387,000 | 18,385,000 | 18,383,000 | 18,382,000 | 9,925,000 | 9,923,000 | 9,922,000 | — | — | 0 | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 276,054,000 | 256,408,000 | 230,238,000 | 222,844,000 | 229,623,000 | 216,274,000 | 206,688,000 | 184,491,000 | 185,727,000 | 178,894,000 | 169,779,000 | 164,218,000 | 165,987,000 | 169,585,000 | 170,609,000 | 163,523,000 | 159,316,000 | 146,437,000 | 139,691,000 | 138,371,000 |
| Debt-to-assets ratio | 0.10 | 0.11 | 0.08 | 0.08 | 0.08 | 0.08 | 0.09 | 0.05 | 0.05 | 0.06 | 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
= $28,826,000K ÷ $276,054,000K
= 0.10
The debt-to-assets ratio for Meta Platforms Inc. has been consistently low at 0.00% from March 2020 to June 2021, indicating that the company had minimal debt in relation to its total assets during that period. Beginning in September 2021, the ratio increased slightly to 0.06%, and fluctuated between 0.05% and 0.11% from September 2022 to December 2024.
This suggests that Meta Platforms Inc. has gradually taken on more debt relative to its total assets over time. However, the overall levels remain relatively low, indicating a conservative approach to debt management by the company. A low debt-to-assets ratio generally signifies less financial risk and potential for financial distress, as the company relies less on borrowed funds to finance its operations and investments. It also suggests a healthier balance sheet and financial stability for Meta Platforms Inc.
Peer comparison
Dec 31, 2024