Choice Hotels International Inc (CHH)

Debt-to-assets ratio

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 Mar 31, 2020
Long-term debt US$ in thousands
Total assets US$ in thousands 2,530,530 2,544,050 2,518,910 2,475,080 2,394,800 2,232,240 2,150,320 2,106,220 2,102,180 2,188,980 2,076,840 1,972,030 1,931,820 1,865,930 1,728,790 1,584,140 1,587,330 1,570,150 1,686,040 1,703,950
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, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,530,530K
= 0.00

The debt-to-assets ratio of Choice Hotels International Inc has consistently remained at 0.00 over the period from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt as a significant source of financing relative to its total assets during this time frame. A debt-to-assets ratio of 0.00 suggests that the company's assets are primarily financed through equity or other sources, rather than borrowing. This may indicate a conservative financial strategy or strong financial position that does not rely heavily on leverage to fund its operations and investments.