Organon & Co (OGN)
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 | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 472,000 | -70,000 | -892,000 | -1,508,000 | -820,000 |
| Debt-to-capital ratio | 0.00 | — | — | — | — |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $472,000K)
= 0.00
Based on the provided data, Organon & Co's debt-to-capital ratio was not available for the years ending December 31, 2020 to December 31, 2023. However, as of December 31, 2024, the company's debt-to-capital ratio stood at 0.00, indicating that the company had no debt in relation to its capital at the end of that year. A debt-to-capital ratio of 0.00 suggests that the company either has no debt on its balance sheet or has minimal debt compared to its overall capital structure. This can be perceived positively by investors and lenders as it indicates a lower financial risk and a potentially stronger financial position for Organon & Co.
Peer comparison
Dec 31, 2024