A10 Network (ATEN)

Debt-to-assets ratio

Dec 31, 2024 Sep 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 432,815 407,747 395,658 389,809 377,842 368,232 357,285 369,105 352,661 384,565 361,747 393,085 374,445 296,138 291,580 290,811 284,097 272,608 270,057 274,053
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, 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 been consistently 0.00 from December 31, 2019, to December 31, 2024. This indicates that the company has not used debt as a source of financing relative to its total assets over this period. A debt-to-assets ratio of 0.00 typically suggests that the company is using its equity to finance its operations and investments, rather than relying on borrowed funds. This could imply a low level of financial risk associated with debt obligations and potential interest payments. However, it is important to note that a zero debt-to-assets ratio may also indicate missed opportunities for leveraging debt financing for potential growth and expansion.