Total Debt (Carrying Amount)
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
Debt item | Description | The company |
---|---|---|
Total debt and finance lease liabilities (carrying amount) | Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. | Linde plc total debt increased from 2022 to 2023 and from 2023 to 2024. |
Total Debt (Fair Value)
Dec 31, 2024 | |
---|---|
Selected Financial Data (US$ in millions) | |
Short-term debt | 4,223) |
Long-term debt, including current portion | 16,234) |
Finance lease liabilities | 204) |
Total debt and finance lease liabilities (fair value) | 20,661) |
Financial Ratio | |
Debt, fair value to carrying amount ratio | 0.95 |
Based on: 10-K (reporting date: 2024-12-31).
Weighted-average Interest Rate on Debt
Weighted-average interest rate on debt and finance lease liabilities: 2.62%
Interest rate | Debt amount1 | Interest rate × Debt amount | Weighted-average interest rate2 |
---|---|---|---|
3.80% | 4,223) | 160) | |
4.70% | 599) | 28) | |
2.65% | 400) | 11) | |
1.63% | 517) | 8) | |
3.63% | 517) | 19) | |
0.00% | 726) | —) | |
3.20% | 725) | 23) | |
3.43% | 199) | 7) | |
1.65% | 84) | 1) | |
0.25% | 776) | 2) | |
1.00% | 519) | 5) | |
1.00% | 742) | 7) | |
3.00% | 722) | 22) | |
3.38% | 773) | 26) | |
1.10% | 697) | 8) | |
1.90% | 106) | 2) | |
3.38% | 772) | 26) | |
1.38% | 779) | 11) | |
3.20% | 878) | 28) | |
0.55% | 772) | 4) | |
0.38% | 512) | 2) | |
3.63% | 670) | 24) | |
3.50% | 769) | 27) | |
1.63% | 822) | 13) | |
3.40% | 718) | 24) | |
3.55% | 666) | 24) | |
3.75% | 712) | 27) | |
2.00% | 297) | 6) | |
1.00% | 707) | 7) | |
6.44% | 204) | 13) | |
Total | 21,603) | 566) | |
2.62% |
Based on: 10-K (reporting date: 2024-12-31).
1 US$ in millions
2 Weighted-average interest rate = 100 × 566 ÷ 21,603 = 2.62%
Interest Costs Incurred
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
Debt item | Description | The company |
---|---|---|
Interest expense | Amount of the cost of borrowed funds accounted for as interest expense for debt. | Linde plc interest expense increased from 2022 to 2023 and from 2023 to 2024. |
Interest capitalized | Amount of interest costs capitalized disclosed as an adjusting item to interest costs incurred. | Linde plc interest capitalized increased from 2022 to 2023 and from 2023 to 2024. |
Interest incurred on debt | Total interest costs incurred during the period and either capitalized or charged against earnings. | Linde plc interest incurred on debt increased from 2022 to 2023 and from 2023 to 2024. |
Adjusted Interest Coverage Ratio
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
2024 Calculations
1 Interest coverage ratio (without capitalized interest) = EBIT ÷ Interest expense
= 9,223 ÷ 484 = 19.06
2 Adjusted interest coverage ratio (with capitalized interest) = EBIT ÷ Interest incurred on debt
= 9,223 ÷ 552 = 16.71
Solvency ratio | Description | The company |
---|---|---|
Adjusted interest coverage ratio | A solvency ratio calculated as EBIT divided by interest payments (including capitalized interest). | Linde plc adjusted interest coverage ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |