Adobe Systems Incorporated (ADBE)
Debt-to-assets ratio
| Mar 1, 2024 | Dec 1, 2023 | Sep 1, 2023 | Mar 3, 2023 | Dec 2, 2022 | Sep 2, 2022 | Jun 3, 2022 | Mar 4, 2022 | Dec 3, 2021 | Sep 3, 2021 | Jun 4, 2021 | Mar 5, 2021 | Nov 27, 2020 | Aug 28, 2020 | May 29, 2020 | Feb 28, 2020 | Nov 29, 2019 | Aug 30, 2019 | May 31, 2019 | Mar 1, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 28,751,000 | 29,779,000 | 29,090,000 | 26,667,000 | 27,165,000 | 26,744,000 | 26,326,000 | 25,976,000 | 27,241,000 | 26,144,000 | 25,582,000 | 24,985,000 | 24,284,000 | 22,414,000 | 21,603,000 | 21,214,000 | 20,762,000 | 20,054,900 | 19,665,900 | 19,505,500 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
March 1, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $28,751,000K
= 0.00
The debt-to-assets ratio of Adobe Systems Incorporated has consistently been reported as 0.00 across multiple time periods. This indicates that the company has not used debt financing to fund its operations and investments relative to its total assets. A debt-to-assets ratio of 0.00 suggests that the company relies predominantly on equity financing, which may signal financial stability and a lower level of financial risk compared to companies with higher debt levels. However, it is important to consider that a very low debt-to-assets ratio may also indicate missed opportunities for leveraging debt to potentially boost returns on equity. Overall, Adobe's consistent zero debt-to-assets ratio reflects a conservative approach to capital structure management.
Peer comparison
Mar 1, 2024