ANSYS Inc (ANSS)
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 | 754,208 | 753,891 | 753,574 | 753,576 | 798,118 |
| Total assets | US$ in thousands | 8,051,430 | 7,322,880 | 6,687,940 | 6,324,310 | 5,940,590 |
| Debt-to-assets ratio | 0.09 | 0.10 | 0.11 | 0.12 | 0.13 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $754,208K ÷ $8,051,430K
= 0.09
The debt-to-assets ratio for ANSYS Inc has shown a declining trend over the past five years, decreasing from 0.13 in December 31, 2020, to 0.09 in December 31, 2024. This indicates that the company has been effectively managing its debt levels relative to its total assets. A decreasing debt-to-assets ratio suggests that ANSYS Inc may be reducing its reliance on debt financing, which can be seen as a positive sign indicating improved financial health and lower financial risk. This trend may also indicate that the company is effectively utilizing its assets to generate income and is in a stronger position to weather economic downturns or other financial challenges.
Peer comparison
Dec 31, 2024