Cable One Inc (CABO)
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 | 6,525,900 | 6,846,930 | 6,913,890 | 6,953,990 | 4,488,340 |
| 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 ÷ $6,525,900K
= 0.00
The debt-to-assets ratio for Cable One Inc as of the latest disclosed financial statements remains consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its assets during this period. A debt-to-assets ratio of 0.00 suggests that the company is not relying on borrowed funds to fund its operations and investments, which could signify a strong financial position and less financial risk. However, it is important to note that while a low debt-to-assets ratio can indicate financial stability, it may also imply missed opportunities for leveraging debt to potentially increase returns.
Peer comparison
Dec 31, 2024