Organon & Co (OGN)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 13,101,000 | 12,058,000 | 10,955,000 | 10,681,000 | 10,434,000 |
| Total stockholders’ equity | US$ in thousands | 472,000 | -70,000 | -892,000 | -1,508,000 | -820,000 |
| Financial leverage ratio | 27.76 | — | — | — | — |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $13,101,000K ÷ $472,000K
= 27.76
The financial leverage ratio for Organon & Co remained at an unprovided level from December 31, 2020, to December 31, 2024. However, there was a noticeable increase in the financial leverage ratio to 27.76 as of December 31, 2024. This indicates that the company's reliance on debt to finance its operations and investments has grown over the year, potentially increasing its financial risk and interest payment obligations. It is essential for Organon & Co to closely monitor and manage its debt levels to maintain a healthy capital structure and financial stability.
Peer comparison
Dec 31, 2024