Meta Platforms (MIL:1FB) Debt-to-Equity : 0.24 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

Meta Platforms's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1,488 Mil. Meta Platforms's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €32,655 Mil. Meta Platforms's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €140,455 Mil. Meta Platforms's debt to equity for the quarter that ended in Dec. 2023 was 0.24.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Meta Platforms's Debt-to-Equity or its related term are showing as below:

MIL:1FB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.09 Max: 0.24
Current: 0.24

During the past 13 years, the highest Debt-to-Equity Ratio of Meta Platforms was 0.24. The lowest was 0.01. And the median was 0.09.

MIL:1FB's Debt-to-Equity is ranked worse than
59.38% of 421 companies
in the Interactive Media industry
Industry Median: 0.16 vs MIL:1FB: 0.24

Meta Platforms Debt-to-Equity Historical Data

The historical data trend for Meta Platforms's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Meta Platforms Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.10

0.08

0.11

0.21

0.24

Meta Platforms Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.21	0.22	0.27	0.25	0.24

Competitive Comparison

For the Internet Content & Information subindustry, Meta Platforms's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Meta Platforms Debt-to-Equity Distribution

For the Interactive Media industry and Communication Services sector, Meta Platforms's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Meta Platforms's Debt-to-Equity falls into.

Meta Platforms Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Meta Platforms's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1488.291	+	32655.287)	/	140455.056
	=	0.24

Meta Platforms's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1488.291	+	32655.287)	/	140455.056
	=	0.24

Meta Platforms (MIL:1FB) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Meta Platforms Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Meta Platforms's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Meta Platforms (MIL:1FB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Meta Platforms Inc (MIL:1FB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

META:USA META:Peru META:Mexico FB2Ad:UK 0QZI:UK FB2A:Germany METACL:Chile META:Canada M1TA34:Brazil META:Austria

Address

1601 Willow Road, Menlo Park, CA, USA, 94025

Website

https://www.facebook.com

Meta is the world's largest online social network, with 3.8 billion family of apps monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. The firm's ecosystem consists mainly of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. Users can access Facebook on mobile devices and desktops. Advertising revenue represents more than 90% of the firm's total revenue, with more than 45% coming from the U.S. and Canada and over 20% from Europe.

Meta Platforms (MIL:1FB) Headlines

No Headlines