Meta Platforms Inc. (META)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 182,637,000 | 164,529,000 | 156,763,000 | 149,529,000 | 153,168,000 | 142,873,000 | 134,033,000 | 124,795,000 | 125,713,000 | 124,094,000 | 125,767,000 | 123,228,000 | 124,879,000 | 133,360,000 | 138,227,000 | 133,657,000 | 128,290,000 | 117,731,000 | 110,447,000 | 105,304,000 |
| Debt-to-capital ratio | 0.14 | 0.15 | 0.10 | 0.11 | 0.11 | 0.11 | 0.12 | 0.07 | 0.07 | 0.07 | 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $28,826,000K ÷ ($28,826,000K + $182,637,000K)
= 0.14
The debt-to-capital ratio of Meta Platforms Inc. has been stable at 0.00 from March 2020 to June 2022, indicating that the company had no debt relative to its capital during this period. However, starting from September 2022, the ratio increased gradually to 0.15 by September 2024. This suggests that the company began to take on debt financing, representing 15% of its capital by the end of September 2024. The increasing trend in the debt-to-capital ratio could imply a shift towards leveraging more debt to fund the company's operations or growth initiatives. It is essential to monitor this ratio to assess Meta Platforms' debt management and financial risk going forward.
Peer comparison
Dec 31, 2024