Newell Brands Inc (NWL)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $2,751,000K
= 0.00
The debt-to-equity ratio of Newell Brands Inc has consistently been 0.00 for the past several quarters, including March 31, 2020, up to December 31, 2024. This indicates that the company has no financial leverage and its total debt is equal to its total equity. A debt-to-equity ratio of 0.00 may suggest that the company is primarily using equity to finance its operations rather than relying on borrowed funds. It implies a lower risk of financial distress due to a lack of debt obligations. However, the absence of debt in the capital structure may also indicate missed opportunities for leveraging borrowed funds to potentially boost returns on equity. It is important to consider the company's overall financial strategy and objectives when evaluating the significance of a debt-to-equity ratio of 0.00 over an extended period.
Peer comparison
Dec 31, 2024