Sabre Corpo (SABR)

Debt-to-assets ratio

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Long-term debt	US$ in thousands	4,829,460	4,816,890	4,797,550	4,831,430	4,717,090	4,718,970	4,732,530	4,732,710	4,723,680	4,727,840	4,702,170	4,714,990	4,717,810	4,639,120	4,608,480	3,619,310	3,261,820	3,280,200	3,298,920	3,318,200
Total assets	US$ in thousands	4,672,190	4,741,700	4,924,560	5,026,010	4,962,880	5,019,620	5,176,740	5,314,480	5,291,330	5,442,910	5,608,450	5,827,840	6,077,720	6,415,500	6,129,210	5,709,860	5,689,960	5,720,730	5,770,070	5,859,560
Debt-to-assets ratio		1.03	1.02	0.97	0.96	0.95	0.94	0.91	0.89	0.89	0.87	0.84	0.81	0.78	0.72	0.75	0.63	0.57	0.57	0.57	0.57

December 31, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $4,829,460K ÷ $4,672,190K
= 1.03

The debt-to-assets ratio for Sabre Corp has been showing a slight increase over the past eight quarters, starting at 0.89 in Q1 2022 and reaching 1.03 in Q4 2023. This indicates that the company's level of debt in relation to its total assets has been gradually rising.

A debt-to-assets ratio above 1 suggests that the company has more debt than assets, which may imply a higher financial risk. It is important for investors and creditors to monitor this ratio closely to assess the company's ability to repay its debt obligations. Sabre Corp should aim to maintain a healthy balance between debt and assets to ensure financial stability and sustainability in the long term.