Omnicom Group Inc (OMC)
Debt-to-assets 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 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 6,035,300 | 6,930,100 | 6,239,600 | 6,251,300 | 5,639,600 | 5,572,100 | 5,613,700 | 5,609,400 | 5,577,200 | 5,450,600 | 5,548,500 | 5,646,400 | 5,685,700 | 5,217,700 | 5,300,700 | 5,754,400 | 5,807,300 | 5,761,500 | 5,714,100 | 5,093,400 |
| Total assets | US$ in thousands | 29,620,700 | 28,796,600 | 27,324,200 | 27,275,600 | 28,044,600 | 25,010,800 | 25,067,600 | 25,237,600 | 27,002,500 | 24,132,200 | 24,905,500 | 26,145,700 | 28,421,800 | 25,580,800 | 25,654,400 | 25,614,300 | 27,647,200 | 23,779,500 | 22,641,100 | 23,675,900 |
| Debt-to-assets ratio | 0.20 | 0.24 | 0.23 | 0.23 | 0.20 | 0.22 | 0.22 | 0.22 | 0.21 | 0.23 | 0.22 | 0.22 | 0.20 | 0.20 | 0.21 | 0.22 | 0.21 | 0.24 | 0.25 | 0.22 |
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 shown relative stability over the period from March 31, 2020, to December 31, 2024. The ratio ranged between 0.20 and 0.25 during this time frame, indicating that, on average, the company financed approximately 20% to 25% of its assets through debt.
The fluctuations in the debt-to-assets ratio were relatively minor, suggesting that Omnicom Group has maintained a consistent capital structure in terms of debt utilization to support its operations and investments. The lower ratios indicate that the company relies more on equity financing compared to debt for its asset base.
Overall, a lower debt-to-assets ratio is generally viewed positively as it signifies lower financial risk and a stronger financial position. Omnicom Group's consistent ratio in the range of 0.20 to 0.25 indicates a balanced approach to managing its debt obligations in relation to its asset base over the analyzed period.
Peer comparison
Dec 31, 2024