Artivion Inc (AORT)
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 | 789,101 | 792,397 | 762,798 | 793,052 | 789,404 |
| 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 ÷ $789,101K
= 0.00
The debt-to-assets ratio of Artivion Inc for the years ending on December 31, 2020, through December 31, 2024, remained consistently at 0.00. This indicates that Artivion Inc has not utilized any debt to finance its assets during these years, implying that the company has been relying solely on equity to fund its operations and investments. While a low or zero debt-to-assets ratio can showcase financial stability and a lower risk of default, it may also indicate missed opportunities for leveraging debt to potentially accelerate growth or take advantage of tax benefits associated with interest payments. Further analysis of Artivion Inc's overall financial strategy and future plans would be beneficial to understand the rationale behind maintaining such a low debt-to-assets ratio.
Peer comparison
Dec 31, 2024