Diodes Incorporated (DIOD)
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 | 2,386,280 | 2,367,660 | 2,288,310 | 2,194,500 | 1,979,460 |
| 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 ÷ $2,386,280K
= 0.00
The debt-to-assets ratio for Diodes Incorporated has been consistently recorded at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company does not have any debt obligations in relation to its assets during this period. A debt-to-assets ratio of 0.00 signifies that the company's assets are fully financed by equity, suggesting a strong financial position with low financial risk. Diodes Incorporated appears to have effectively managed its capital structure to maintain a debt-free status, which can enhance its financial stability and flexibility for future growth and investment opportunities.
Peer comparison
Dec 31, 2024