Adobe Systems Incorporated (ADBE)
Debt-to-assets ratio
| Nov 29, 2024 | Aug 30, 2024 | May 31, 2024 | Mar 1, 2024 | Dec 1, 2023 | Sep 1, 2023 | Jun 2, 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 30,230,000 | 29,830,000 | 30,007,000 | 28,751,000 | 29,779,000 | 29,090,000 | 27,838,000 | 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 |
| 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 |
November 29, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $30,230,000K
= 0.00
Adobe Systems Incorporated has consistently maintained a debt-to-assets ratio of 0.00 across all reported periods from February 28, 2020, to November 29, 2024. This indicates that the company has not had any debt in relation to its total assets during these periods. A debt-to-assets ratio of 0.00 suggests that Adobe has been primarily funding its operations and investments through equity and retained earnings rather than through debt financing. This reflects a solid financial position and indicates a lower financial risk for the company, as it is not reliant on borrowed funds to support its operations.
Peer comparison
Nov 29, 2024