Mettler-Toledo International Inc (MTD)
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 | 1,831,260 | 1,888,620 | 1,908,480 | 1,580,810 | 1,284,170 |
| Total assets | US$ in thousands | 3,240,000 | 3,355,560 | 3,492,400 | 3,326,800 | 2,814,550 |
| Debt-to-assets ratio | 0.57 | 0.56 | 0.55 | 0.48 | 0.46 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $1,831,260K ÷ $3,240,000K
= 0.57
The debt-to-assets ratio of Mettler-Toledo International Inc has been steadily increasing over the past five years. It stood at 0.46 as of December 31, 2020, and has gradually risen to 0.57 by December 31, 2024. This indicates that the company's level of debt in relation to its total assets has been on the rise. A higher debt-to-assets ratio suggests that a larger portion of the company's assets is financed by debt, which may increase financial risk and lower financial flexibility. It is essential for stakeholders to monitor this trend and assess the company's ability to manage its debt levels effectively while maintaining operational performance and sustainability.
Peer comparison
Dec 31, 2024