3M Co (MMM)
97.15
+0.34
(+0.35%)
USD |
NYSE |
May 03, 16:00
96.84
-0.31
(-0.32%)
Pre-Market: 20:00
3M Debt to Equity Ratio: 4.400 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| March 31, 2024 | 4.400 |
| December 31, 2023 | 3.336 |
| September 30, 2023 | 3.427 |
| June 30, 2023 | 2.050 |
| March 31, 2023 | 1.043 |
| December 31, 2022 | 1.083 |
| September 30, 2022 | 1.115 |
| June 30, 2022 | 1.184 |
| March 31, 2022 | 1.117 |
| December 31, 2021 | 1.154 |
| September 30, 2021 | 1.256 |
| June 30, 2021 | 1.263 |
| March 31, 2021 | 1.322 |
| December 31, 2020 | 1.461 |
| September 30, 2020 | 1.650 |
| June 30, 2020 | 1.912 |
| March 31, 2020 | 2.217 |
| December 31, 2019 | 2.019 |
| September 30, 2019 | 1.816 |
| June 30, 2019 | 1.568 |
| March 31, 2019 | 1.687 |
| December 31, 2018 | 1.493 |
| September 30, 2018 | 1.449 |
| June 30, 2018 | 1.401 |
| March 31, 2018 | 1.427 |
| Date | Value |
|---|---|
| December 31, 2017 | 1.206 |
| September 30, 2017 | 0.9602 |
| June 30, 2017 | 0.975 |
| March 31, 2017 | 1.066 |
| December 31, 2016 | 1.131 |
| September 30, 2016 | 1.030 |
| June 30, 2016 | 0.9878 |
| March 31, 2016 | 0.9494 |
| December 31, 2015 | 0.9447 |
| September 30, 2015 | 0.9234 |
| June 30, 2015 | 0.6505 |
| March 31, 2015 | 0.4736 |
| December 31, 2014 | 0.5196 |
| September 30, 2014 | 0.4541 |
| June 30, 2014 | 0.4018 |
| March 31, 2014 | 0.3769 |
| December 31, 2013 | 0.3433 |
| September 30, 2013 | 0.3246 |
| June 30, 2013 | 0.3326 |
| March 31, 2013 | 0.3283 |
| December 31, 2012 | 0.3415 |
| September 30, 2012 | 0.3603 |
| June 30, 2012 | 0.3844 |
| March 31, 2012 | 0.3197 |
| December 31, 2011 | 0.335 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
1.043
Minimum
Mar 2023
4.400
Maximum
Mar 2024
1.820
Average
1.514
Median
Debt to Equity Ratio Benchmarks
| Honeywell International Inc | 1.535 |
| Harte-Hanks Inc | 0.00 |
| Matthews International Corp | 1.695 |
| Seaboard Corp | 0.2983 |
| 1847 Holdings LLC | -1.802 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 55.24B |
| Total Liabilities (Quarterly) | 50.31B |
| Shareholders Equity (Quarterly) | 4.866B |
| Current Ratio | 1.643 |
| Net Debt Paydown Yield | -1.87% |