Zebra Technologies Corporation (ZBRA)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 2,092,000 | 2,080,000 | 1,815,000 | 2,047,000 | 2,121,000 | 2,042,000 | 1,880,000 | 1,809,000 | 2,017,000 | 2,017,000 | 913,000 | 922,000 | 940,000 | 944,000 | 956,000 | 881,000 | 1,086,000 | 986,000 | 1,167,000 | 1,080,000 |
| Total assets | US$ in thousands | 7,968,000 | 7,690,000 | 7,259,000 | 7,306,000 | 7,331,000 | 7,456,000 | 7,474,000 | 7,529,000 | 7,448,000 | 7,385,000 | 6,129,000 | 6,215,000 | 5,865,000 | 5,593,000 | 5,411,000 | 5,375,000 | 5,245,000 | 4,607,000 | 4,540,000 | 4,711,000 |
| Debt-to-assets ratio | 0.26 | 0.27 | 0.25 | 0.28 | 0.29 | 0.27 | 0.25 | 0.24 | 0.27 | 0.27 | 0.15 | 0.15 | 0.16 | 0.17 | 0.18 | 0.16 | 0.21 | 0.21 | 0.26 | 0.23 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $2,092,000K ÷ $7,968,000K
= 0.26
The debt-to-assets ratio of Zebra Technologies Corporation has shown fluctuations over the past few years. The ratio was 0.23 as of December 31, 2019, indicating that 23% of the company's assets were financed by debt.
Subsequently, the ratio increased to 0.26 by March 31, 2020, before decreasing to 0.21 by June 30, 2020, and remaining at the same level by September 30, 2020.
There was a notable decline in the ratio to 0.16 by December 31, 2020, implying that the company reduced its dependence on debt financing. This trend continued into the following periods, with the ratio hovering around 0.15 to 0.18 from March 31, 2021, to June 30, 2021.
However, the ratio experienced an uptick to 0.27 by June 30, 2022, before fluctuating around this level for the next few quarters. As of December 31, 2024, the debt-to-assets ratio stood at 0.26, indicating that the company's debt level relative to its total assets had increased slightly.
Overall, the debt-to-assets ratio of Zebra Technologies Corporation fluctuated between 0.15 and 0.29 during the period covered in the data, with some periods showing more stability in debt levels and others exhibiting more variability.
Peer comparison
Dec 31, 2024