Solventum Corp. (SOLV)
Debt-to-equity ratio
| Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 3,851,000 | 3,409,000 | 3,250,000 | 3,964,000 | 11,742,000 | 11,742,000 | — | — |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | — |
March 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $3,851,000K
= 0.00
The debt-to-equity ratio of Solventum Corp. for the given periods was consistently reported as 0.00, indicating that the company had no debt on its balance sheet and was solely financed by equity during these periods. This suggests that the company's operations were primarily funded by investments from shareholders rather than borrowing. While a debt-to-equity ratio of 0.00 might indicate financial stability and low financial risk, it could also suggest missed opportunities for leveraging debt to potentially increase returns for shareholders. Overall, the consistent 0.00 ratio reflects Solventum Corp.'s conservative capital structure and financial strategy during the analyzed periods.
Peer comparison
Mar 31, 2024