Charles River Laboratories (CRL)
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 | 7,528,340 | 8,003,840 | 7,948,280 | 8,152,780 | 8,195,000 | 7,607,010 | 7,772,380 | 7,699,440 | 7,602,770 | 7,382,770 | 7,529,360 | 7,075,050 | 7,024,290 | 7,058,440 | 6,720,350 | 5,808,960 | 5,490,830 | 5,213,340 | 5,240,880 | 5,201,790 |
| 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 ÷ $7,528,340K
= 0.00
The debt-to-assets ratio of Charles River Laboratories has consistently been 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not been utilizing debt to finance its operations or acquisitions during this period. A debt-to-assets ratio of 0.00 typically suggests that the company is primarily relying on equity financing rather than debt, which can be viewed positively as it signifies a lower financial risk and potentially a stronger financial position. However, it's essential to consider the company's overall financial strategy and objectives when interpreting this ratio in isolation.
Peer comparison
Dec 31, 2024