Doximity Inc (DOCS)
Debt-to-assets ratio
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 1,264,310 | 1,172,160 | 1,118,520 | 1,073,460 | 1,079,370 | 1,000,650 | 1,025,570 | 1,153,510 | 1,136,890 | 1,067,090 | 1,028,340 | 1,050,930 | 991,357 | 932,172 | 869,255 | 830,182 | 251,719 | 206,378 | — |
| 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 | — |
March 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,264,310K
= 0.00
The debt-to-assets ratio of Doximity Inc has remained consistently at 0.00 from September 2020 to March 2025. This indicates that the company has not had any debt in relation to its total assets during this period. A debt-to-assets ratio of 0.00 typically signifies that the company is primarily funding its operations and investments with equity rather than debt financing. It suggests a low financial risk in terms of leverage and debt burden, as the company's assets are fully financed by its equity. Investors and creditors may view a low debt-to-assets ratio favorably as it implies a strong financial position and stability.
Peer comparison
Mar 31, 2025