A10 Network (ATEN)

Debt-to-assets ratio

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 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Long-term debt US$ in thousands
Total assets US$ in thousands 389,809 377,842 368,232 357,285 369,105 352,661 384,565 361,747 393,085 374,445 296,138 291,580 290,811 284,097 272,608 270,057 274,053 228,947 226,812 231,977
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

December 31, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $389,809K
= 0.00

The debt-to-assets ratio for A10 Networks Inc has consistently been 0.00 across all quarters of the provided data. This indicates that the company has not used debt to finance its assets during the specified period. A debt-to-assets ratio of 0.00 suggests that the company relies solely on equity financing for its assets, which can be a positive indicator of financial stability and risk management. However, it is also essential to consider the reasons behind this low ratio, as excessive reliance on equity financing could potentially limit the company's growth and profitability opportunities. Overall, A10 Networks Inc's consistent 0.00 debt-to-assets ratio reflects a prudent financial strategy in managing its capital structure.


Peer comparison

Dec 31, 2023