Omnicom Group Inc (OMC)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 6,035,300 | 5,639,600 | 5,577,200 | 5,685,700 | 5,807,300 |
| Total assets | US$ in thousands | 29,620,700 | 28,044,600 | 27,002,500 | 28,421,800 | 27,647,200 |
| Debt-to-assets ratio | 0.20 | 0.20 | 0.21 | 0.20 | 0.21 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $6,035,300K ÷ $29,620,700K
= 0.20
Omnicom Group Inc's debt-to-assets ratio has been relatively stable over the past five years, ranging from 0.20 to 0.21. This indicates that Omnicom relies on debt to finance approximately 20-21% of its total assets. The consistency in the ratio suggests that the company has been effectively managing its debt levels in relation to its asset base. A lower debt-to-assets ratio typically signifies lower financial risk and greater financial stability, as it indicates that a smaller portion of the company's assets is funded by debt. Overall, the consistent and relatively low debt-to-assets ratio of Omnicom Group Inc indicates a prudent approach to managing its financial leverage.
Peer comparison
Dec 31, 2024