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.
Peer comparison
Dec 31, 2024