Organon & Co (OGN)
Debt-to-equity 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-equity ratio | 0.00 | — | — | — | — |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $472,000K
= 0.00
Based on the provided data, Organon & Co's debt-to-equity ratio for the fiscal years ending December 31st, 2020 through 2024 is as follows:
- December 31, 2020: Not available
- December 31, 2021: Not available
- December 31, 2022: Not available
- December 31, 2023: Not available
- December 31, 2024: 0.00
The debt-to-equity ratio of 0.00 as of December 31, 2024 indicates that Organon & Co has no debt recorded in relation to its equity for that period. This could suggest that the company is mainly financed by equity capital rather than external borrowings. It may indicate a strong financial position in terms of leverage and a lower risk of financial distress due to manageable levels of debt. However, it's important to interpret this ratio in conjunction with other financial metrics to gain a comprehensive understanding of the company's overall financial health and sustainability.
Peer comparison
Dec 31, 2024