Mettler-Toledo International Inc (MTD)

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 1,831,260 1,891,660 1,746,640 1,903,570 1,888,620 1,929,400 2,045,460 2,015,780 1,908,480 1,825,250 1,821,460 1,766,830 1,580,810 1,639,580 1,602,000 1,561,050 1,284,170 1,169,140 1,146,590 1,513,020
Total assets US$ in thousands 3,240,000 3,319,830 3,249,160 3,283,120 3,355,560 3,288,730 3,370,400 3,409,910 3,492,400 3,294,460 3,336,430 3,356,180 3,326,800 3,207,160 3,142,900 3,028,370 2,814,550 2,766,540 2,679,650 2,885,780
Debt-to-assets ratio 0.57 0.57 0.54 0.58 0.56 0.59 0.61 0.59 0.55 0.55 0.55 0.53 0.48 0.51 0.51 0.52 0.46 0.42 0.43 0.52

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $1,831,260K ÷ $3,240,000K
= 0.57

Mettler-Toledo International Inc's debt-to-assets ratio has exhibited some fluctuations over the past few years, ranging from 0.42 to 0.61. This ratio indicates the proportion of the company's total assets funded by debt. A higher ratio suggests that a larger portion of the company's assets is financed by debt, which can increase financial risk due to interest payments and potential repayment obligations.

From March 31, 2020, to December 31, 2024, the debt-to-assets ratio ranged from 0.42 to 0.61, with a generally increasing trend from 2020 to 2023. The ratio peaked at 0.61 on June 30, 2023, suggesting a higher reliance on debt financing at that time. However, it decreased slightly to 0.57 by December 31, 2024, indicating a potential reduction in debt levels relative to total assets.

Overall, monitoring the debt-to-assets ratio is important for assessing Mettler-Toledo International Inc's capital structure and financial stability, as it provides insights into the company's leverage and risk exposure. A stable or decreasing trend in this ratio over time may indicate improved financial health and a lower dependence on debt financing for the company.