PC Connection Inc (CNXN)

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 1,299,350 1,285,740 1,283,480 1,161,060 1,188,380 1,181,430 1,164,280 1,118,060 1,099,830 1,134,120 1,123,630 1,100,820 1,083,380 1,013,930 1,031,270 958,386 1,015,370 1,003,330 954,340 913,192
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 ÷ $1,299,350K
= 0.00

The debt-to-assets ratio for PC Connection Inc has consistently been at 0.00 across all reported periods from March 31, 2020 to December 31, 2024. This indicates that the company has not had any debt in relation to its total assets during this time frame. A debt-to-assets ratio of 0.00 signifies that the company's assets are entirely financed by its equity, without the use of external debt. This could imply a strong financial position with low financial risk, as the company does not have obligations to debt holders that need to be repaid. However, it's important to note that while a low debt-to-assets ratio can be favorable, it may also suggest that the company is not taking advantage of debt financing that could potentially enhance returns for shareholders through leveraging.


Peer comparison

Dec 31, 2024