Alkermes Plc (ALKS)

Debt-to-assets ratio

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Long-term debt	US$ in thousands	—	285,823	286,459	287,095	287,730	288,366	289,001	289,635	290,270	290,904	291,537	292,171	292,804	293,437	294,070	294,702	272,118	272,663	273,207	273,751
Total assets	US$ in thousands	2,055,570	2,155,290	2,206,840	2,123,900	2,136,220	2,279,230	2,187,180	1,922,730	1,963,980	1,941,900	1,957,420	1,977,840	2,024,480	1,995,430	1,937,570	1,878,220	1,949,730	1,876,820	1,802,340	1,825,950
Debt-to-assets ratio		0.00	0.13	0.13	0.14	0.13	0.13	0.13	0.15	0.15	0.15	0.15	0.15	0.14	0.15	0.15	0.16	0.14	0.15	0.15	0.15

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,055,570K
= 0.00

The debt-to-assets ratio of Alkermes Plc has remained relatively stable over the analyzed period, ranging between 0.00 and 0.16. The ratio measures the proportion of the company's assets that are financed by debt, with lower values indicating lower financial risk and a stronger financial position.

From March 31, 2020, to December 31, 2024, the debt-to-assets ratio fluctuated within a narrow range, with the lowest value recorded at the end of December 2024. This suggests that the company has effectively managed its debt levels in relation to its assets during this period.

The consistent ratio indicates that the company has maintained a conservative debt policy, balancing the utilization of debt to fund operations and investments while safeguarding financial stability. It is important for investors and stakeholders as it provides insights into the company's leverage and risk exposure.