Cytokinetics Inc (CYTK)
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 | 1,401,670 | 824,316 | 1,014,780 | 841,319 | 533,803 |
| 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 ÷ $1,401,670K
= 0.00
The debt-to-assets ratio for Cytokinetics Inc has consistently remained at 0.00 over the past five years, from December 31, 2020, to December 31, 2024. This indicates that the company has not used any debt financing to support its assets during this period. A debt-to-assets ratio of 0.00 suggests that the company's assets are entirely funded by equity, which may indicate a conservative approach to capital structure or a strong financial position with no reliance on external borrowing for asset acquisitions. Further analysis of the company's financial statements and overall capital structure could provide additional insights into its financial health and strategic decisions related to debt management.
Peer comparison
Dec 31, 2024