Amazon.com's Debt Based on Amazon.com’s financial statement as of May 1, 2020, long-term debt is at $23.44 billion and current debt is at $1.31 billion, amounting to $24.75 billion in total debt.
Investors look at the debt-ratio to understand how much financial leverage a company has.
Generally speaking, a debt-ratio more than 1 means that a large portion of debt is funded by assets.
Why Debt Is Important Besides equity, debt is an important factor in the capital structure of a company, and contributes to its growth.
Having financial leverage also allows companies to use additional capital for business operations, allowing equity owners to retain excess profit, generated by the debt capital.