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International Business Machines (NEOE:IBM) Debt-to-Asset : 0.45 (As of Sep. 2024)


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What is International Business Machines Debt-to-Asset?

International Business Machines's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$5,945 Mil. International Business Machines's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$75,501 Mil. International Business Machines's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was C$181,976 Mil. International Business Machines's debt to asset for the quarter that ended in Sep. 2024 was 0.45.


International Business Machines Debt-to-Asset Historical Data

The historical data trend for International Business Machines's Debt-to-Asset 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.

International Business Machines Debt-to-Asset Chart

International Business Machines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.42 0.42 0.42 0.44

International Business Machines Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.45 0.44 0.46 0.45 0.45

Competitive Comparison of International Business Machines's Debt-to-Asset

For the Information Technology Services subindustry, International Business Machines's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.


International Business Machines's Debt-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, International Business Machines's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where International Business Machines's Debt-to-Asset falls into.



International Business Machines Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

International Business Machines's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(9721.234 + 70687.562) / 181439.326
=0.44

International Business Machines's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(5945.339 + 75501.34) / 181975.609
=0.45

* 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.


International Business Machines  (NEOE:IBM) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


International Business Machines Debt-to-Asset Related Terms

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International Business Machines Business Description

Address
One New Orchard Road, Armonk, NY, USA, 10504
IBM looks to be a part of every aspect of an enterprise's IT needs. The company primarily sells software, IT services, consulting, and hardware. IBM operates in 175 countries and employs approximately 350,000 people. The company has a robust roster of 80,000 business partners to service 5,200 clients, which includes 95% of all Fortune 500. While IBM is a B2B company, IBM's outward impact is substantial. For example, IBM manages 90% of all credit card transactions globally and is responsible for 50% of all wireless connections in the world.