Box Inc (BOX)

Debt-to-assets ratio

Jan 31, 2025 Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020
Long-term debt US$ in thousands — — — — — — — — — — — — — — — — — — — —
Total assets US$ in thousands 1,667,520 1,354,320 1,120,740 1,176,100 1,241,160 1,033,820 1,068,140 1,108,670 1,207,160 1,056,450 1,066,310 1,171,590 1,392,010 1,405,080 1,525,610 1,310,130 1,351,680 941,561 960,511 948,913
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

January 31, 2025 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,667,520K
= 0.00

The debt-to-assets ratio for Box Inc has consistently been 0.00 since April 30, 2020, up to January 31, 2025. This indicates that the company has not taken on any long-term debt in relation to its total assets during this period. A debt-to-assets ratio of 0.00 means that the company's assets are entirely financed by equity rather than debt. This could be a positive indicator of financial stability, as it suggests that Box Inc has been able to fund its operations and investments with internal resources rather than relying on borrowing.