Choice Hotels International Inc (CHH)
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 | 2,530,530 | 2,394,800 | 2,102,180 | 1,931,820 | 1,587,330 |
| 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 ÷ $2,530,530K
= 0.00
Choice Hotels International Inc has consistently maintained a debt-to-assets ratio of 0.00 over the five-year period from December 31, 2020, to December 31, 2024. This indicates that the company does not rely heavily on debt financing to fund its operations and growth, and its assets are primarily financed through equity. A low debt-to-assets ratio is generally a positive sign as it suggests lower financial risk and greater financial stability. In the case of Choice Hotels International Inc, the consistent 0.00 debt-to-assets ratio reflects a strong financial position and prudent financial management.
Peer comparison
Dec 31, 2024