Dorman Products Inc (DORM)
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 | 2,424,520 | 2,292,410 | 2,341,790 | 1,673,120 | 1,220,660 |
| 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 ÷ $2,424,520K
= 0.00
The debt-to-assets ratio of Dorman Products Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This implies that the company has been financing its assets entirely through equity rather than debt. A debt-to-assets ratio of 0.00 indicates a strong financial position with minimal risk associated with debt obligations. Investors and creditors typically view a low or zero debt-to-assets ratio favorably as it signifies financial stability and a lower potential for default. Dorman Products Inc's consistent 0.00 debt-to-assets ratio reflects a prudent and conservative approach to capital structure management, providing a solid foundation for long-term financial health and sustainable growth.
Peer comparison
Dec 31, 2024