Arlo Technologies (ARLO)
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 | 298,400 | 285,538 | 272,201 | 347,490 | 413,968 |
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 ÷ $298,400K
= 0.00
The debt-to-assets ratio of Arlo Technologies has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt to finance its assets during this period. A low debt-to-assets ratio suggests that the company has a strong financial position with a lower risk of financial distress due to debt obligations. It also signifies that the company relies more on equity financing rather than debt financing, which can be seen as a positive indicator of financial stability and solvency.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-assets ratio
Arlo Technologies
ARLO
0.00
Knowles Cor
KN
0.12
Sonos Inc
SONO
0.00