Debt to Equity Ratio Analysis of Abbott Laboratories - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Debt to Equity
Period Ending - Dec-23
Very Good Debt to Equity
0.387
Period Ending - Dec-22
Very Good Debt to Equity
0.457
Growth
-15.44 %
Most recent Quarter Debt to Equity
Period Ending - Mar-24
Very Good Debt to Equity
0.376
Debt to Equity Analysis of Abbott Laboratories
| Debt to Equity Ratio 0.387 of Abbott Laboratories indicates to run a business company uses lower amount of long-term debt. |
| Debt to Equity Ratio of ABT has fallen by -15.44 % Compared to previous Financial Year. |
| Debt to Equity Ratio with value of 0.583 was highest in Year Dec-19 in last Five Years. |
| Debt to Equity Ratio of ABT trending down for at least three Years. |
| Latest Debt to Equity Ratio with value of 0.387 is lower than Average Debt to Equity of 0.501 in last five years. |
Other Debt to Equity Related Info of ABT that may interest you.
Abbott Laboratories Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| ABT | 103.68 | 103.45 | 0.222 % | Medical Devices |
Defination of Debt to Equity Ratio
Debt to Equity Ratio shows the relationship between the company's total debt and total shareholders fund. And it indicates the ability of a company's shareholders' equity to pay its debt obligations in a tough time. more ..
Debt to Equity Related Ratios
| ShortTermDebtToEquityRatio | DividendCoverageRatio | CurrentRatio |
Tsr Stability Index
| Good Stability | |
FY - Historical Debt to Equity Ratio of Abbott Laboratories
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Debt to Equity | 0.387 | 0.457 | 0.504 | 0.572 | 0.583 | 0.641 | 0.904 |
| Change | -15.44 % | -9.31 % | -11.83 % | -1.99 % | -8.98 % | -29.08 % | -15.65 % |
FY Chart of Debt to Equity Ratio of Abbott Laboratories
Note : All Data Generated at the End of Trading Hours (EOD Data)