Benchmark Electronics Inc (BHE)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 2,139,460 | 2,149,000 | 2,154,740 | 2,212,810 | 2,274,760 | 2,333,140 | 2,307,460 | 2,278,650 | 2,227,330 | 2,276,510 | 2,166,780 | 2,002,560 | 1,903,880 | 1,840,370 | 1,818,790 | 1,760,750 | 1,744,240 | 1,734,510 | 1,758,040 | 1,823,380 |
| 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 ÷ $2,139,460K
= 0.00
The debt-to-assets ratio of Benchmark Electronics Inc has consistently remained at 0.00 over the past several quarters, indicating that the company does not carry any debt on its balance sheet in relation to its total assets. A debt-to-assets ratio of 0.00 typically signifies that the company relies on equity financing rather than debt financing to fund its operations and investments. This financial position suggests that Benchmark Electronics Inc has a strong financial standing with minimal financial risk associated with debt obligations. Factors such as efficient capital management, stable cash flows, and prudent financial decisions may have contributed to the company maintaining a debt-free balance sheet. Investors and stakeholders may view this ratio positively as it implies a lower risk of default and financial distress for the company.
Peer comparison
Dec 31, 2024