Advanced Energy Industries Inc (AEIS)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 2,261,890 | 2,556,760 | 1,992,170 | 1,817,340 | 1,648,640 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,261,890K
= 0.00
The debt-to-assets ratio for Advanced Energy Industries Inc has remained consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt financing to support its operations during this period. A debt-to-assets ratio of 0.00 suggests that the company is not reliant on debt to finance its assets, which may imply a lower financial risk and potentially more financial flexibility. However, it is also important to consider that a very low or zero debt-to-assets ratio may indicate underutilization of debt, as debt can be a cost-effective way to fund growth and expansion. Overall, a stable and low debt-to-assets ratio can be seen as a positive indicator of the company's financial stability and prudent financial management.
Peer comparison
Dec 31, 2024