Smurfit WestRock plc (SW)
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 | Dec 31, 2022 | Jun 30, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 43,759,000 | 45,029,000 | 25 | 0 | 12,628,000 | — | 12,434,000 | 12,482,000 | — | — |
| Debt-to-assets ratio | 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 ÷ $43,759,000K
= 0.00
Smurfit WestRock plc's debt-to-assets ratio is a key metric that indicates the proportion of the company's assets financed by debt. The data provided shows the trend of this ratio over several periods.
As of December 31, 2022, June 30, 2023, and March 31, 2024, the debt-to-assets ratio was 0.00, indicating that the company had no debt relative to its total assets during these periods. This could imply that Smurfit WestRock plc either had a strong financial position with minimal debt obligations or had possibly paid off its debts.
On the other hand, the ratio remained at "Not Available" for December 31, 2021, June 30, 2022, and September 30, 2023, suggesting that the data for these periods was not disclosed or not applicable for analysis.
Subsequently, for the periods ending June 30, 2024, September 30, 2024, and December 31, 2024, the debt-to-assets ratio remained at 0.00. This consistent low ratio indicates that Smurfit WestRock plc continues to have a relatively low level of debt compared to its total assets, which could be a positive sign for investors and creditors as it signifies a lower financial risk.
In summary, the data reveals that over the analyzed periods, Smurfit WestRock plc has maintained a debt-to-assets ratio of 0.00, suggesting a prudent debt management strategy and a strong financial position with a significant portion of assets being funded by equity rather than debt.
Peer comparison
Dec 31, 2024