Mettler-Toledo International Inc (MTD)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | -126,890 | -149,938 | 24,793 | 171,421 | 282,675 |
| Debt-to-capital ratio | 1.07 | 1.09 | 0.99 | 0.90 | 0.82 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $1,831,260K ÷ ($1,831,260K + $-126,890K)
= 1.07
The debt-to-capital ratio of Mettler-Toledo International Inc has been steadily increasing over the years, from 0.82 at the end of December 31, 2020, to 1.07 as of December 31, 2024. This indicates a growing reliance on debt to finance the company's operations and investments compared to its capital.
The upward trend in the debt-to-capital ratio may suggest that the company is taking on more debt relative to its equity, potentially increasing its financial leverage and risk. Shareholders and investors should monitor this ratio closely to assess the company's ability to manage its debt levels effectively and sustain its financial health in the long run.
Peer comparison
Dec 31, 2024