Solventum Corp. (SOLV)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 14,457,000 | 14,745,000 | 14,578,000 | 14,711,000 | 14,377,000 | 13,873,000 | 14,311,000 | 13,641,000 | 13,594,000 |
| Debt-to-assets ratio | 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 ÷ $14,457,000K
= 0.00
Solventum Corp. has consistently maintained a debt-to-assets ratio of 0.00 across all reported periods from December 31, 2022, to December 31, 2024. This indicates that the company has not used any debt to finance its assets during these periods. A debt-to-assets ratio of 0.00 suggests that Solventum Corp. relies solely on equity financing to support its operations and investments, demonstrating a strong financial position with no debt obligations to impact its asset base. This may indicate a low-risk financial strategy, as the company is not exposed to the potential financial pressures associated with debt repayment.
Peer comparison
Dec 31, 2024