Crane Company (CR)
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 | 2,641,900 | 2,651,900 | 2,506,700 | 2,418,400 | 2,333,600 | 2,191,900 | 2,179,100 | 4,336,000 | 4,397,000 | 4,132,400 | 4,521,400 | 4,353,200 | 4,486,600 | 4,474,500 | 4,423,200 | 4,586,500 | 4,588,900 | 4,623,000 | 4,630,300 | 4,464,600 |
| 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 ÷ $2,641,900K
= 0.00
The debt-to-assets ratio of Crane Company has consistently been 0.00 for the periods from March 31, 2020, to December 31, 2024. This indicates that the company has not had any debt relative to its total assets over this timeframe. A debt-to-assets ratio of 0.00 signifies that the company has financed all its assets using equity rather than debt. This could suggest that Crane Company has a strong financial position with minimal financial risk associated with debt obligations. Investors and creditors may view this favorably as it implies a lower level of financial leverage and potential stability in the company's operations.
Peer comparison
Dec 31, 2024