Aramark Holdings (ARMK)
Debt-to-assets ratio
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 16,871,200 | 15,082,400 | 14,376,200 | 15,712,700 | 13,736,300 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
September 30, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $16,871,200K
= 0.00
Based on the data provided, Aramark Holdings has consistently reported a debt-to-assets ratio of 0.00 for the past five years, including as of September 30, 2023. This indicates that the company has not reported any financial debt in relation to its total assets for the periods specified. A debt-to-assets ratio of 0.00 signifies that Aramark Holdings finances its operations through equity rather than debt. This suggests that the company may have a strong financial position and low financial risk, as there is no debt being utilized to fund its assets. However, it is essential to consider that a debt-to-assets ratio of 0.00 may also indicate that the company may not be leveraging debt as a financial strategy to potentially enhance returns.
Peer comparison
Sep 30, 2023