Box Inc (BOX)
Debt-to-assets ratio
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 1,667,520 | 1,241,160 | 1,207,160 | 1,392,010 | 1,351,680 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
January 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,667,520K
= 0.00
Box Inc's debt-to-assets ratio has remained at 0.00 for the past five years, from January 31, 2021, to January 31, 2025. This indicates that the company has not used debt financing to fund its operations or acquire assets during this period. A debt-to-assets ratio of 0.00 typically suggests that the company relies more on equity financing or has a strong cash position to support its operations and investments. While a low debt-to-assets ratio can be a positive indicator of financial health and stability, it's important to consider the overall capital structure and risk management strategies of the company in order to assess its financial strength comprehensively.
Peer comparison
Jan 31, 2025