Calix Inc (CALX)
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 | 939,267 | 941,865 | 884,835 | 742,032 | 427,352 |
| 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 ÷ $939,267K
= 0.00
The debt-to-assets ratio for Calix Inc has remained consistent at 0.00 for the years December 31, 2020 through December 31, 2024. This indicates that the company has not taken on any debt relative to its total assets during this period. A consistently low debt-to-assets ratio suggests that Calix Inc has a strong financial position and operates with minimal financial leverage, which can be favorable for investors and creditors. However, it is important to note that a very low debt-to-assets ratio may also imply missed opportunities for growth through strategic debt utilization. Further analysis of the company's capital structure and financial strategies would provide a more comprehensive understanding of its overall financial health.
Peer comparison
Dec 31, 2024