Api Group Corp (APG)
Debt-to-assets ratio
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 8,098,000 | 8,152,000 | 8,245,000 | 7,961,000 | 7,192,000 | 7,590,000 | 7,949,000 | 7,974,000 | 7,766,000 | 8,091,000 | 7,941,000 | 8,054,000 | 8,142,000 | 5,159,000 | 4,783,000 | 4,243,000 | 4,218,000 | 4,065,000 | 3,826,000 | 3,770,000 |
| 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 |
March 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $8,098,000K
= 0.00
The debt-to-assets ratio for Api Group Corp remains consistently at zero across all reported periods from June 30, 2020, through March 31, 2025. This indicates that the company has not carried any reported debt relative to its total assets during this timeframe. The persistent absence of debt implies that the company's asset base is financed entirely through equity or other non-debt sources. Such a financial structure suggests a conservative approach to leverage and potentially reflects a strategy of maintaining a debt-free balance sheet, which could be viewed positively in terms of financial stability but may also impact growth opportunities that leverage might facilitate.
Peer comparison
Mar 31, 2025