Ametek Inc (AME)
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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 14,631,200 | 14,767,600 | 14,795,900 | 14,865,000 | 15,023,500 | 13,093,400 | 12,839,900 | 12,616,000 | 12,431,100 | 12,038,900 | 11,985,000 | 11,972,000 | 11,898,200 | 11,679,700 | 11,755,300 | 10,579,900 | 10,357,500 | 10,433,400 | 10,311,200 | 10,601,900 |
| 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 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $14,631,200K
= 0.00
The debt-to-assets ratio of Ametek Inc has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not been using debt to finance its operations and investments, which can be seen as a positive sign of financial stability and conservative financial management. A debt-to-assets ratio of 0.00 means that the company's total debt is either very low or non-existent in relation to its total assets. It suggests that the company has been relying more on equity financing rather than debt, reducing its financial risk and potential interest expenses. Overall, a low or zero debt-to-assets ratio reflects a strong financial position and a lower risk of default for Ametek Inc.
Peer comparison
Dec 31, 2024