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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Thermo Fisher Scientific (TMO) Debt Ratio (2016 - 2025)

Thermo Fisher Scientific (TMO) has disclosed Debt Ratio for 16 consecutive years, with 0.35 as the latest value for Q3 2024.

  • For the quarter ending Q3 2024, Debt Ratio fell 3.22% year-over-year to 0.35, compared with a TTM value of 0.35 through Sep 2024, down 3.22%, and an annual FY2023 reading of 0.35, changed 0.37% over the prior year.
  • Debt Ratio was 0.35 for Q3 2024 at Thermo Fisher Scientific, down from 0.36 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.37 in Q2 2023 and bottomed at 0.28 in Q3 2021.
  • Average Debt Ratio over 5 years is 0.34, with a median of 0.35 recorded in 2024.
  • The sharpest move saw Debt Ratio fell 19.84% in 2021, then rose 26.79% in 2022.
  • Year by year, Debt Ratio stood at 0.31 in 2020, then rose by 16.46% to 0.37 in 2021, then dropped by 3.16% to 0.35 in 2022, then fell by 0.37% to 0.35 in 2023, then dropped by 0.52% to 0.35 in 2024.
  • Business Quant data shows Debt Ratio for TMO at 0.35 in Q3 2024, 0.36 in Q2 2024, and 0.37 in Q1 2024.