Aramark Holdings (ARMK)

Debt-to-assets ratio

		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	Dec 31, 2019
Long-term debt	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total assets	US$ in thousands	12,674,400	12,548,700	12,560,900	12,419,400	16,871,200	15,397,500	15,456,100	15,290,500	15,082,400	14,988,800	14,662,200	14,465,500	14,376,200	14,050,100	14,487,700	14,506,200	15,712,700	15,622,100	14,847,500	14,273,100
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

September 30, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $12,674,400K
= 0.00

The debt-to-assets ratio for Aramark Holdings has consistently been indicated as 0.00 in the provided financial statements spanning from December 2019 to September 2024. This implies that the company has not had any debt in relation to its assets during this period. A debt-to-assets ratio of 0.00 signifies that the company has not used debt to finance its operations and investments, indicating a strong financial position in terms of debt management. It suggests that Aramark Holdings has been able to fund its operations and investments primarily through equity or internal funds, without relying on external borrowing. This ratio can be considered a positive indicator of financial stability and creditworthiness, as it shows a low risk of default on debt obligations.