Corsair Gaming Inc (CRSR)
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 | 1,235,830 | 1,357,460 | 1,297,240 | 1,337,400 | 1,314,120 |
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 ÷ $1,235,830K
= 0.00
Corsair Gaming Inc has consistently maintained a debt-to-assets ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not relied on debt to finance its assets during this period. A ratio of 0.00 suggests that Corsair Gaming Inc's assets are primarily funded by equity, which can be seen as a positive sign of financial strength and stability. This low debt level may also indicate lower financial risk and potential flexibility in managing its operations and investments without incurring significant interest expenses. However, it's essential to consider other financial metrics and industry benchmarks to assess the company's overall financial health and performance accurately.
Peer comparison
Dec 31, 2024