Newell Brands Inc (NWL)
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 | — | — | — | — | — |
| Total assets | US$ in thousands | 11,004,000 | 12,163,000 | 13,262,000 | 14,179,000 | 14,700,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $11,004,000K
= 0.00
The debt-to-assets ratio for Newell Brands Inc has consistently remained at 0.00 from December 31, 2020, through December 31, 2024. This indicates that the company has effectively financed its assets using equity rather than debt. A low or zero debt-to-assets ratio suggests that the company may have a strong financial position and a low risk of financial distress related to excessive debt levels. Newell Brands Inc seems to have a conservative capital structure with minimal reliance on debt to fund its operations and investments during the analyzed period.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-assets ratio
Newell Brands Inc
NWL
0.00
AptarGroup Inc
ATR
0.14
Armstrong World Industries Inc
AWI
0.27
Berry Global Group Inc
BERY
0.00
Entegris Inc
ENTG
0.47