A10 Network (ATEN)
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 | 432,815 | 389,809 | 369,105 | 393,085 | 290,811 |
| 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 ÷ $432,815K
= 0.00
The debt-to-assets ratio for A10 Network 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 operations or investments during this period. A debt-to-assets ratio of 0.00 implies that the company's assets are entirely financed by equity, which can be viewed positively as it suggests lower financial risk and potential for higher returns to equity investors. However, it is essential to consider that a very low debt-to-assets ratio may also indicate a missed opportunity to benefit from potential tax advantages associated with debt financing. Overall, A10 Network's consistent debt-to-assets ratio of 0.00 highlights the company's conservative capital structure and financial stability throughout the analyzed period.
Peer comparison
Dec 31, 2024