Artivion Inc (AORT)
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 | 789,101 | 803,144 | 789,539 | 784,007 | 792,397 | 774,787 | 777,861 | 757,073 | 762,798 | 742,731 | 764,864 | 781,856 | 793,052 | 818,654 | 810,497 | 794,832 | 789,404 | 782,200 | 693,254 | 621,033 |
| 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 ÷ $789,101K
= 0.00
Artivion Inc has consistently maintained a debt-to-assets ratio of 0.00 for all reported periods from March 31, 2020, to December 31, 2024. This indicates that the company has not relied on debt financing to fund its operations and acquisitions during this period. A debt-to-assets ratio of 0.00 suggests that the company's assets are entirely financed by equity, which may signify financial stability, a strong balance sheet, and a lower risk of financial distress. However, it is important to note that a zero debt-to-assets ratio may also indicate missed opportunities for leveraging debt to potentially enhance returns for shareholders through strategic investments. Overall, Artivion Inc's consistent zero debt-to-assets ratio reflects a conservative financial strategy regarding debt usage in its capital structure.
Peer comparison
Dec 31, 2024