Dorman Products Inc (DORM)

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 2,424,520 2,364,100 2,285,720 2,220,140 2,292,410 2,260,350 2,256,840 2,260,660 2,341,790 1,801,210 1,761,170 1,724,300 1,673,120 1,615,850 1,269,480 1,264,270 1,220,660 1,158,830 1,179,650 1,152,780
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 ÷ $2,424,520K
= 0.00

The debt-to-assets ratio of Dorman Products Inc has consistently been 0.00 for the periods indicated from March 31, 2020, to December 31, 2024. This ratio suggests that the company has been financing its assets primarily through equity rather than debt. A debt-to-assets ratio of 0.00 indicates that the company has no debt in relation to its total assets, reflecting a low level of financial risk associated with debt obligations. Dorman Products Inc's financial position indicates a conservative approach to leverage, which may imply a strong financial standing and a lower likelihood of default.