How much debt does Organon & have?
According to Organon &'s latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Organon &'s total debt stands at $8.88B. This is broken down into:
- Long-term debt: $8.86B
- Short-term debt: $20.00M
The company's net debt, which accounts for cash and cash equivalents, is $8.21B. In terms of overall financial obligations, Organon &'s total liabilities amount to $12.63B.
Debt Ratios and Metrics
To better understand Organon &'s debt position, we can look at several key ratios:
- Debt to Equity Ratio: 18.81 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 67.78% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 2.86 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 94.94% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 94.95% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Organon &'s financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$8.88B
Long-term Debt
$8.86B
Short-term Debt
$20.00M
Net Debt
$8.21B
Total Liabilities
$12.63B
Interest Coverage
2.86
Debt to Equity Ratio
18.81
Debt Ratio
67.78%
Organon & Historical Debt Metrics
Organon & Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $8.88B | $8.86B | $20.00M | $8.21B | $12.63B | 18.81 | 67.78% | 2.86 | 94.94% | 94.95% |
| 2023 | $8.76B | $8.88B | $9.00M | $8.07B | $12.13B | -125.14 | 72.65% | 2.52 | 100.81% | 100.81% |
| 2022 | $8.91B | $9.05B | $8.00M | $8.21B | $11.85B | -9.99 | 81.36% | 3.50 | 111.13% | 111.12% |
| 2021 | $9.13B | $9.31B | $9.00M | $8.40B | $12.19B | -6.06 | 85.52% | 6.28 | 119.80% | 119.77% |
| 2020 | $31.00M | $46.00M | $16.00M | $-469.00M | $11.25B | -0.04 | 0.30% | 474.83 | -2.89% | -3.93% |
| 2019 | $104.00M | $70.00M | $34.00M | $-215.00M | $3.51B | 0.01 | 0.99% | 641.17 | 0.99% | 1.46% |
| 2018 | $149.00M | $34.00M | $-207.00M | $-95.00M | $4.15B | 0.02 | 1.42% | 0.00 | 0.53% | 2.29% |
Related Metrics
Explore detailed financial metrics and analysis for OGN.