Api Group Corp (APG)
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 | 8,152,000 | 7,590,000 | 8,091,000 | 5,159,000 | 4,065,000 |
| 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 ÷ $8,152,000K
= 0.00
The debt-to-assets ratio of Api Group Corp has remained consistently at 0.00 across the four-year period from December 31, 2020, through December 31, 2024. This indicates that the company has not reported any liabilities relative to its total assets during these years. Such a ratio suggests an absence of leverage, implying that the company’s assets are entirely financed through equity or other non-debt sources. The persistent zero value over multiple years highlights a conservative financial structure with no reliance on debt financing, which may reflect a strategic decision to avoid debt obligations or a strong internal capital base. This stability in the debt-to-assets ratio can be viewed positively in terms of financial stability and risk mitigation; however, it may also suggest limited use of leverage to potentially accelerate growth or investment opportunities.
Peer comparison
Dec 31, 2024