Xylem Inc (XYL)
Debt-to-equity ratio
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 2,268,000 | 2,253,000 | 2,267,000 | 1,881,000 | 1,880,000 | 1,880,000 | 1,879,000 | 1,878,000 | 2,440,000 | 2,455,000 | 2,466,000 | 2,460,000 | 2,484,000 | 3,053,000 | 3,031,000 | 2,031,000 | 2,040,000 | 2,030,000 | 2,051,000 | 2,044,000 |
| Total stockholders’ equity | US$ in thousands | 10,166,000 | 9,930,000 | 9,899,000 | 3,578,000 | 3,494,000 | 3,215,000 | 3,195,000 | 3,198,000 | 3,218,000 | 3,093,000 | 3,040,000 | 2,937,000 | 2,968,000 | 2,867,000 | 2,856,000 | 2,812,000 | 2,957,000 | 2,886,000 | 2,894,000 | 2,796,000 |
| Debt-to-equity ratio | 0.22 | 0.23 | 0.23 | 0.53 | 0.54 | 0.58 | 0.59 | 0.59 | 0.76 | 0.79 | 0.81 | 0.84 | 0.84 | 1.06 | 1.06 | 0.72 | 0.69 | 0.70 | 0.71 | 0.73 |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $2,268,000K ÷ $10,166,000K
= 0.22
The trend of Xylem Inc's debt-to-equity ratio over the past eight quarters indicates a fluctuating pattern. The ratio decreased from 0.76 in Q1 2022 to 0.22 in Q4 2023, representing a significant improvement in the company's leverage position. However, there was an increase in the ratio in the first two quarters of 2023, reaching a peak of 0.53 in Q1 2023 before declining again. Overall, Xylem Inc's debt-to-equity ratio has shown some volatility, suggesting varying levels of debt relative to equity in their capital structure during the period under review. Monitoring this ratio closely will be important to assess the company's financial risk and leverage going forward.
Peer comparison
Dec 31, 2023