Bio-Rad Laboratories Inc (BIO)
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 | 9,364,100 | 10,603,500 | 9,688,450 | 12,609,900 | 12,299,100 | 11,895,900 | 11,978,200 | 13,667,400 | 13,501,700 | 12,058,500 | 12,682,100 | 14,373,700 | 17,775,800 | 19,953,400 | 15,117,600 | 13,933,200 | 12,972,600 | 12,020,900 | 10,097,300 | 8,684,360 |
| 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 ÷ $9,364,100K
= 0.00
The debt-to-assets ratio of Bio-Rad Laboratories Inc has consistently remained at 0.00 over the period from March 31, 2020, to December 31, 2024. This indicates that the company has not had any debt relative to its total assets during this time frame. A debt-to-assets ratio of 0.00 implies that the company's assets are fully funded by equity, suggesting a lower financial risk as there is no debt that needs to be repaid. This could indicate a strong financial position, allowing the company to have more financial flexibility and potentially pursue growth opportunities without being burdened by debt obligations.
Peer comparison
Dec 31, 2024