Charles River Laboratories (CRL)
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 | 7,528,340 | 8,195,000 | 7,602,770 | 7,024,290 | 5,490,830 |
| 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 ÷ $7,528,340K
= 0.00
The debt-to-assets ratio for Charles River Laboratories has remained consistent at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt significantly to finance its operations or investments during these years. A debt-to-assets ratio of 0.00 suggests that the company's total assets are entirely funded by equity, which can be seen as a positive indicator of financial stability and lower financial risk. However, it is important to note that while a low debt-to-assets ratio signifies financial prudence, it may also imply missed opportunities for leveraging debt financing for potential growth or expansion.
Peer comparison
Dec 31, 2024