Chemed Corp (CHE)
Debt-to-assets ratio
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 1,668,580 | 1,668,580 | 1,769,440 | 1,734,980 | 1,727,630 | 1,760,790 | 1,562,080 | 1,505,180 | 1,431,180 | 1,442,010 | 1,356,200 | 1,312,960 | 1,305,760 | 1,342,720 | 1,318,130 | 1,383,800 | 1,458,130 | 1,434,910 | 1,366,950 | 1,291,190 |
| 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 |
March 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,668,580K
= 0.00
Chemed Corp's debt-to-assets ratio has consistently been at 0.00 across multiple quarters from June 30, 2020, to March 31, 2025. A debt-to-assets ratio of 0.00 indicates that the company has no debt relative to its total assets during the period analyzed. This implies that Chemed Corp does not rely on debt financing to fund its operations and investments and has a strong financial position with a low financial risk. It also suggests that the company may be financing its activities predominantly through equity or internal funds rather than external borrowing. Investors and creditors generally view a low or zero debt-to-assets ratio favorably as it signifies financial stability and the ability to weather economic downturns.
Peer comparison
Mar 31, 2025