PC Connection Inc (CNXN)
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 | 1,299,350 | 1,188,380 | 1,099,830 | 1,083,380 | 1,015,370 |
| 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 ÷ $1,299,350K
= 0.00
The debt-to-assets ratio of PC Connection Inc has consistently remained at 0.00 over the past five years, as per the data provided. This indicates that the company has not utilized debt as a significant source of financing compared to its total assets during these years. A debt-to-assets ratio of 0.00 implies that the company's assets are entirely financed by equity rather than debt. This could suggest a conservative capital structure or a strong financial position where the company does not rely heavily on borrowing to fund its operations and investments. However, it is important to consider other financial metrics and factors to fully assess the company's financial health and leverage position.
Peer comparison
Dec 31, 2024