Mettler-Toledo International Inc (MTD)
Debt-to-equity 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-equity ratio | — | — | 76.98 | 9.22 | 4.54 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $1,831,260K ÷ $-126,890K
= —
Mettler-Toledo International Inc's debt-to-equity ratio has experienced a significant increase over the past few years. In December 31, 2020, the ratio stood at 4.54, indicating a moderate level of debt relative to equity. By December 31, 2021, the ratio more than doubled to 9.22, signaling a substantial increase in debt compared to equity.
The trend continued with a sharp rise in the debt-to-equity ratio to 76.98 by December 31, 2022, reaching a high level of leverage. However, the data is missing for the subsequent years, 2023 and 2024, suggesting that the company may have undergone significant changes in its capital structure or there may be reporting issues for these periods.
Overall, the increasing trend in the debt-to-equity ratio up to 2022 raises concerns about Mettler-Toledo International Inc's financial leverage and the potential risks associated with a higher debt burden. Monitoring the company's future financial reports will be crucial to assess how it manages its debt levels and maintains a sustainable capital structure.
Peer comparison
Dec 31, 2024