ANI Pharmaceuticals Inc (ANIP)

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 1,283,700 1,287,380 920,753 914,524 904,422 889,914 859,341 765,224 760,087 739,110 751,334 744,846 771,598 470,454 480,159 463,843 461,190 462,581 465,391 482,232
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 ÷ $1,283,700K
= 0.00

The debt-to-assets ratio for ANI Pharmaceuticals Inc has consistently remained at 0.00 across all reported periods, including March 31, 2020, to December 31, 2024. A debt-to-assets ratio of 0.00 indicates that the company has no debt in relation to its total assets during these periods. This signifies that the company does not rely on debt financing to fund its operations and growth, which could be viewed positively by investors and creditors as it suggests a strong financial position and lower financial risk. However, it is important to consider the context of this ratio in conjunction with other financial metrics to gain a comprehensive understanding of the company's financial health and performance.