Dayforce Inc. (DAY)

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 9,117,000 8,117,000 9,046,100 10,775,200 9,010,900 8,943,200 8,118,800 10,061,500 7,917,200 8,006,400 9,082,300 11,059,500 7,166,200 9,001,500 6,807,000 7,798,800 6,701,300 5,918,000 5,853,900 6,470,100
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 ÷ $9,117,000K
= 0.00

The debt-to-assets ratio of Dayforce Inc. remained consistently at 0.00 throughout the years from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt to finance its assets during this period. A debt-to-assets ratio of 0.00 implies that Dayforce Inc. has financed its assets solely through equity, which may indicate a strong financial position with lower financial risk due to the absence of debt obligations. However, it is important to consider the overall financial strategy and objectives of the company while evaluating the significance of this ratio.