A10 Network (ATEN)
Debt-to-assets ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 389,809 | 369,105 | 393,085 | 290,811 | 274,053 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $389,809K
= 0.00
A10 Networks Inc has consistently maintained a debt-to-assets ratio of 0.00 over the past five years, indicating that the company has not utilized debt financing to support its operations or investments during this period. This implies that the company's assets are primarily financed through equity capital or other non-debt sources. A debt-to-assets ratio of 0.00 typically signifies a conservative financial structure with a low level of financial leverage and minimal financial risk associated with debt obligations. Consequently, A10 Networks Inc's consistent zero debt-to-assets ratio suggests a strong financial position and disciplined capital management strategy focused on minimizing debt-related risks.
Peer comparison
Dec 31, 2023