Sealed Air Corporation (SEE)
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 | 7,022,100 | 7,200,600 | 6,214,700 | 6,229,300 | 6,083,800 |
| 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 ÷ $7,022,100K
= 0.00
The debt-to-assets ratio of Sealed Air Corporation has been consistently recorded as 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used any debt to finance its assets during this period. A debt-to-assets ratio of 0.00 typically signifies a low financial risk as the company is not relying on debt to fund its operations or investments. Sealed Air Corporation's prudent approach to managing its debt levels suggests a strong financial position and may be appealing to investors looking for a low-risk investment opportunity.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-assets ratio
Sealed Air Corporation
SEE
0.00
Celanese Corporation
CE
0.00