Adobe Systems Incorporated (ADBE)
Debt-to-assets ratio
| Nov 29, 2024 | Dec 1, 2023 | Dec 2, 2022 | Dec 3, 2021 | Nov 27, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 30,230,000 | 29,779,000 | 27,165,000 | 27,241,000 | 24,284,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
November 29, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $30,230,000K
= 0.00
The debt-to-assets ratio for Adobe Systems Incorporated has consistently remained at 0.00 across multiple years, including November 27, 2020, December 3, 2021, December 2, 2022, December 1, 2023, and November 29, 2024. This indicates that the company has not used any debt to finance its assets during this period. A debt-to-assets ratio of 0.00 signifies that the company relies entirely on equity financing for its assets, which could imply a lower financial risk and strong financial stability. It suggests that Adobe Systems has a strong financial position and is not heavily leveraged, potentially making it more resilient to economic downturns or interest rate fluctuations.
Peer comparison
Nov 29, 2024