Williams Companies Inc (WMB)
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 | 25,830,000 | 25,713,000 | 22,554,000 | 27,768,000 | 27,043,000 |
| Total assets | US$ in thousands | 54,532,000 | 52,627,000 | 48,433,000 | 47,612,000 | 44,165,000 |
| Debt-to-assets ratio | 0.47 | 0.49 | 0.47 | 0.58 | 0.61 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $25,830,000K ÷ $54,532,000K
= 0.47
The debt-to-assets ratio of Williams Companies Inc has shown a decreasing trend over the years, declining from 0.61 in December 31, 2020, to 0.58 in December 31, 2021, further dropping to 0.47 by December 31, 2022, and then holding steady at 0.49 by December 31, 2023, before decreasing once again to 0.47 by December 31, 2024. This indicates that the company's level of debt in relation to its total assets has been gradually decreasing, which can be a positive indicator of improved financial health and lower financial risk. A lower debt-to-assets ratio suggests that the company relies less on debt financing to support its operations and has a stronger asset base to cover its liabilities.
Peer comparison
Dec 31, 2024