Newell Brands Inc (NWL)
Debt-to-capital 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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,751,000 | 2,860,000 | 3,080,000 | 3,076,000 | 3,112,000 | 3,126,000 | 3,315,000 | 3,333,000 | 3,519,000 | 3,776,000 | 3,947,000 | 3,980,000 | 4,091,000 | 4,055,000 | 3,986,000 | 3,836,000 | 3,874,000 | 3,726,000 | 3,492,000 | 3,454,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $2,751,000K)
= 0.00
The debt-to-capital ratio of Newell Brands Inc has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt to finance its operations significantly relative to its overall capital structure over this period. A debt-to-capital ratio of 0.00 suggests that Newell Brands Inc relies more on equity financing rather than debt to fund its operations and investments. This may imply a lower financial risk as the company is not heavily leveraged, resulting in less interest expense and potentially greater financial stability. However, it is important to consider other financial metrics and factors in conjunction with the debt-to-capital ratio to assess the overall financial health and risk profile of Newell Brands Inc.
Peer comparison
Dec 31, 2024