Sealed Air Corporation (SEE)
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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 7,022,100 | 7,321,100 | 7,268,400 | 7,199,300 | 7,200,600 | 7,367,700 | 7,524,400 | 7,356,200 | 6,214,700 | 6,075,100 | 6,105,400 | 6,117,000 | 6,229,300 | 6,159,800 | 6,006,600 | 5,918,700 | 6,083,800 | 5,828,200 | 5,756,300 | 5,671,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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
Sealed Air Corporation has consistently maintained a debt-to-assets ratio of 0.00 over the past several quarters, indicating that the company carries no debt relative to its total assets. A debt-to-assets ratio of 0.00 suggests that Sealed Air is financing its operations primarily through equity rather than debt. This may signify a conservative financial strategy, as the company is not relying on borrowed funds to fund its operations and investments. A low debt-to-assets ratio can also indicate a strong financial position and lower financial risk, as the company is not heavily leveraged. It is important to note that while a zero debt-to-assets ratio is generally favorable, it is also crucial to assess other financial metrics and factors to gain a comprehensive understanding of Sealed Air's overall financial health and performance.
Peer comparison
Dec 31, 2024