Molson Coors Brewing Co Class B (TAP)
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 | 26,064,300 | 26,375,100 | 25,868,300 | 27,619,000 | 27,331,100 |
| 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 ÷ $26,064,300K
= 0.00
The debt-to-assets ratio of Molson Coors Brewing Co Class B has been consistently 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used any debt to finance its operations or investments during this period. A low or zero debt-to-assets ratio typically suggests that the company has a strong financial position and may have lower financial risk, as it is not heavily reliant on borrowed funds. It may also imply that the company has sufficient equity to support its operations and growth without the need for significant debt financing.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-assets ratio
Molson Coors Brewing Co Class B
TAP
0.00
Boston Beer Company Inc
SAM
0.00