Organon & Co (OGN)

Debt-to-equity ratio

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Long-term debt	US$ in thousands	8,751,000	8,905,000	9,125,000
Total stockholders’ equity	US$ in thousands	-70,000	-892,000	-1,508,000
Debt-to-equity ratio		—	—	—

December 31, 2023 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $8,751,000K ÷ $-70,000K
= —

The debt-to-equity ratio for Organon & Co. is not available for the years 2020, 2021, 2022, and 2023. However, based on the data provided, the debt-to-equity ratio for the year 2019 was 0.01, indicating that the company had a minimal level of debt relative to its equity in that year. Without the information for the subsequent years, it is difficult to assess any trend or analyze the company's leverage position over time. Further data for the missing years would be essential to evaluate the changes in the company's capital structure and financial risk.