Organon & Co (OGN)

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
Long-term debt US$ in thousands — — — — — — — — — — — — — — — — —
Total stockholders’ equity US$ in thousands 472,000 493,000 144,000 48,000 -70,000 -589,000 -555,000 -737,000 -892,000 -1,066,000 -1,137,000 -1,250,000 -1,508,000 -1,618,000 -1,934,000 4,722,000 -820,000
Debt-to-capital ratio 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 + $472,000K)
= 0.00

The debt-to-capital ratio for Organon & Co has remained consistently at 0.00% from March 31, 2021, to December 31, 2024, indicating that the company has not utilized debt to fund its operations or investments during this period. A debt-to-capital ratio of 0.00% suggests that the company's capital structure is primarily composed of equity rather than debt. This may indicate a conservative approach to financing, as the company is not relying on borrowed funds to support its business activities.