Meta Platforms — Debt Discipline

DEBT DISCIPLINE

TICKER: [US.META - Meta Platforms]
PERIOD: [2010-ANNUAL ~ 2025-ANNUAL]


[+] Leverage (D/E): 0.12 (< 0.5 = conservative, > 1.5 = aggressive)
[+] Interest Coverage: 71.5x (> 5x = safe, < 2x = risky)
[-] Net Cash Company: No (Net debt < 0 = Buffett favorite)


Metric                     Value
--------------------------------
Avg D/E                     0.12
D/E Trend (Slope)       1.65%/yr
Last Interest Coverage     71.5x
Last Net D/E                0.22


Period       Total Debt   Equity   D/E  D/EBITDA  Coverage  Net D/E
-------------------------------------------------------------------
2010 ANNUAL           -        -     -      0.0x     46.9x        -
2011 ANNUAL     677.00M    4.90B  0.14      0.4x     41.8x    -0.17
2012 ANNUAL       2.36B   11.76B  0.20      4.4x     10.5x    -0.00
2013 ANNUAL     476.00M   15.47B  0.03      0.2x     50.1x    -0.18
2014 ANNUAL     233.00M   36.10B  0.01      0.0x    217.1x    -0.11
2015 ANNUAL     315.00M   44.22B  0.01      0.1x    270.7x    -0.10
2016 ANNUAL           -   59.19B  0.00      0.0x   1242.7x    -0.15
2017 ANNUAL           -   74.35B  0.00      0.0x   3367.2x    -0.11
2018 ANNUAL     500.00M   84.13B  0.01      0.0x         -    -0.11
2019 ANNUAL      10.32B  101.05B  0.10      0.4x         -    -0.09
2020 ANNUAL      10.65B  128.29B  0.08      0.3x    960.9x    -0.05
2021 ANNUAL      13.87B  124.88B  0.11      0.3x   2032.7x    -0.02
2022 ANNUAL      26.59B  125.71B  0.21      0.9x    156.5x     0.09
2023 ANNUAL      37.23B  153.17B  0.24      0.8x    104.8x    -0.03
2024 ANNUAL      49.06B  182.64B  0.27      0.7x     97.0x     0.03
2025 ANNUAL      83.90B  217.24B  0.39      1.0x     71.5x     0.22