Stanley Black & Decker Inc (SWK)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 21,848,900 | 23,663,800 | 24,963,300 | 28,197,600 | 23,566,300 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $21,848,900K
= 0.00
The debt-to-assets ratio for Stanley Black & Decker Inc over the past five years has remained constant at 0.00, indicating that the company has not utilized any debt financing to acquire assets during this period. This suggests that the company has either been relying on internally generated funds to finance its operations and investments or has been able to secure assets using alternative sources of funding. A debt-to-assets ratio of 0.00 typically reflects a strong financial position with low financial risk, as it signifies that the company's assets are predominantly financed by equity rather than debt. It is important to note that a low debt-to-assets ratio does not necessarily imply a better or worse financial performance but rather reflects the company's chosen capital structure and financing strategy.
Peer comparison
Dec 31, 2024