Benchmark Electronics Inc (BHE)
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 | 2,139,460 | 2,274,760 | 2,227,330 | 1,903,880 | 1,744,240 |
| 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 ÷ $2,139,460K
= 0.00
Based on the provided data, Benchmark Electronics Inc has consistently maintained a debt-to-assets ratio of 0.00 from December 31, 2020, to December 31, 2024. A debt-to-assets ratio of 0.00 indicates that the company has no debt relative to its total assets during this period. This suggests that Benchmark Electronics Inc operates with a conservative financial structure, as it has not relied on debt financing to fund its operations or growth. As a result, the company may have a lower financial risk compared to firms with higher debt levels. It is worth noting that while a zero debt-to-assets ratio is favorable in terms of financial stability, it may also indicate missed opportunities for leveraging debt for potential growth or tax advantages.
Peer comparison
Dec 31, 2024