Pfizer Inc (PFE)
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 | — | — | — | — | — |
| Total assets | US$ in thousands | 213,396,000 | 226,501,000 | 197,206,000 | 181,477,000 | 154,229,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $213,396,000K
= 0.00
The debt-to-assets ratio for Pfizer Inc has remained consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used debt financing to fund its operations or investments during this period. A debt-to-assets ratio of 0.00 suggests that Pfizer Inc has a strong financial position with no significant debt obligations relative to its total assets. This low debt level may imply lower financial risk and greater financial stability for the company. It also reflects a potential conservative approach to managing its capital structure and financial leverage.
Peer comparison
Dec 31, 2024