Solventum Corp. (SOLV)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 2,959,000 | 3,192,000 | 2,867,000 | 3,851,000 | 3,409,000 | 3,250,000 | 3,964,000 | 11,742,000 | 11,742,000 |
| Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $2,959,000K)
= 0.00
The debt-to-capital ratio of Solventum Corp. remained consistently at 0.00 from December 31, 2022, to December 31, 2024. This indicates that the company's total debt as a proportion of its total capital structure was negligible or essentially non-existent during this period. A debt-to-capital ratio of 0.00 suggests that the company primarily financed its operations through equity rather than debt. Financially, having a low or zero debt-to-capital ratio is often viewed positively as it signifies lower financial risk and potentially greater financial stability for the company.
Peer comparison
Dec 31, 2024