Deluxe Corporation (DLX)
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 | 2,831,000 | 2,622,920 | 2,666,310 | 2,728,600 | 3,080,600 | 2,884,700 | 2,923,000 | 2,940,910 | 3,076,500 | 2,957,320 | 2,940,400 | 2,954,310 | 3,074,400 | 3,006,190 | 3,017,500 | 1,893,250 | 1,874,900 | 2,007,200 | 2,060,080 | 2,044,500 |
| 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 ÷ $2,831,000K
= 0.00
The debt-to-assets ratio of Deluxe Corporation has remained consistently at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt as a significant source of financing compared to its total assets over the period. A debt-to-assets ratio of 0.00 typically suggests that the company's assets are primarily funded by equity, which could imply a lower financial risk and greater financial stability. It is important to note that the analysis of the debt-to-assets ratio should be considered alongside other financial metrics to gain a comprehensive understanding of Deluxe Corporation's financial health and performance.