Doximity Inc (DOCS)
Debt-to-assets ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | — | 1,079,370 | 1,136,890 | 991,357 | 251,719 |
| Debt-to-assets ratio | — | 0.00 | 0.00 | 0.00 | 0.00 |
March 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $—K
= —
The debt-to-assets ratio for Doximity Inc has remained at 0.00 from March 31, 2021, to March 31, 2024, indicating that the company has not relied on debt to finance its assets during this period. However, the absence of data for March 31, 2025, marked with a dash, makes it challenging to assess the trend in the most recent year accurately. Overall, a consistent debt-to-assets ratio of 0.00 suggests that the company has maintained a strong financial position with minimal debt relative to its total assets.
Peer comparison
Mar 31, 2025
Company name
Symbol
Debt-to-assets ratio
Doximity Inc
DOCS
—
Aspen Technology Inc
AZPN
0.00
Cognizant Technology Solutions Corp Class A
CTSH
0.04
EPAM Systems Inc
EPAM
0.00
Synaptics Incorporated
SYNA
0.34
VeriSign Inc
VRSN
1.06