Ametek Inc (AME)
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 | 14,631,200 | 15,023,500 | 12,431,100 | 11,898,200 | 10,357,500 |
| 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 ÷ $14,631,200K
= 0.00
The debt-to-assets ratio for Ametek Inc has been consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has either zero debt or the amount of debt is negligible compared to its total assets during this period. A debt-to-assets ratio of 0.00 suggests that the company relies more on equity financing rather than debt financing to support its operations and investments. It signifies a strong financial position where the company's assets are primarily funded by equity capital, reducing the financial risk associated with debt. Overall, a consistently low debt-to-assets ratio is typically viewed positively by investors and creditors as it shows the company's ability to manage its financial obligations prudently.
Peer comparison
Dec 31, 2024