Smurfit WestRock plc (SW)
Debt-to-assets ratio
| Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Jun 30, 2023 | Dec 31, 2022 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 27 | 0 | 12,628,000 | 12,434,000 | 12,482,000 |
| Debt-to-assets ratio | 0.00 | — | 0.00 | 0.00 | 0.00 |
June 30, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $27K
= 0.00
The debt-to-assets ratio of Smurfit WestRock plc has been consistently reported as 0.00 in the financial statements for the periods ending Jun 30, 2024, Dec 31, 2023, Jun 30, 2023, and Dec 31, 2022. The ratio indicates that the company has no debt in relation to its total assets during these periods. This suggests that Smurfit WestRock plc has been operating with a conservative capital structure, relying more on equity financing rather than taking on debt to fund its operations and investments. Investors and creditors may view this as a positive sign of financial stability and lower financial risk, as the company is not burdened by significant debt obligations that could impact its financial health.
Peer comparison
Jun 30, 2024