Whirlpool Corporation (WHR)
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 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 4,758,000 | 6,382,000 | 6,313,000 | 6,674,000 | 6,414,000 | 6,341,000 | 6,393,000 | 7,382,000 | 7,363,000 | 4,722,000 | 4,831,000 | 4,631,000 | 4,929,000 | 4,961,000 | 5,001,000 | 4,982,000 | 5,059,000 | 4,965,000 | 4,886,000 | 4,662,000 |
| Total assets | US$ in thousands | 16,301,000 | 17,160,000 | 17,343,000 | 17,370,000 | 17,312,000 | 16,889,000 | 16,981,000 | 16,864,000 | 17,124,000 | 17,511,000 | 18,352,000 | 19,487,000 | 20,285,000 | 20,394,000 | 20,081,000 | 20,338,000 | 20,436,000 | 20,359,000 | 18,676,000 | 20,338,000 |
| Debt-to-assets ratio | 0.29 | 0.37 | 0.36 | 0.38 | 0.37 | 0.38 | 0.38 | 0.44 | 0.43 | 0.27 | 0.26 | 0.24 | 0.24 | 0.24 | 0.25 | 0.24 | 0.25 | 0.24 | 0.26 | 0.23 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $4,758,000K ÷ $16,301,000K
= 0.29
Whirlpool Corporation's debt-to-assets ratio has shown some fluctuations over the past few years. The ratio has generally ranged between 0.23 and 0.44, with the highest point observed at the end of March 2023 and the lowest at the end of March 2020. However, it seems that the ratio has stabilized at around 0.30 in recent quarters, indicating a more consistent level of debt relative to the company's total assets. This suggests that Whirlpool Corporation has been managing its debt levels effectively, balancing the use of debt to finance operations while maintaining a reasonable level of financial leverage.
Peer comparison
Dec 31, 2024