Cable One Inc (CABO)

Debt-to-assets ratio

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Long-term debt US$ in thousands
Total assets US$ in thousands 6,846,930 6,911,780 6,882,740 6,879,350 6,913,890 6,932,250 6,895,080 6,959,420 6,953,990 6,900,600 6,830,000 5,432,260 4,488,340 3,826,810 3,743,450 3,298,360 3,151,830 2,608,330 2,549,450 2,624,240
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, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $6,846,930K
= 0.00

The debt-to-assets ratio for Cable One Inc has been relatively stable over the past eight quarters, ranging between 0.53 and 0.56. This indicates that the company's debt level compared to its total assets has remained consistent over time.

A ratio of around 0.5 to 0.6 suggests that Cable One has a moderate amount of debt in relation to its assets. This is generally considered healthy, as it shows that the company is utilizing debt to finance its operations but still has a significant portion of its assets funded by equity.

While the trend in the debt-to-assets ratio has not shown significant fluctuations, it would be important to assess the company's overall debt levels, interest coverage ratio, and cash flow to get a more comprehensive understanding of its financial leverage and ability to meet its debt obligations.


Peer comparison

Dec 31, 2023