DexCom Inc (DXCM)
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 | 6,484,500 | 6,264,500 | 5,391,700 | 4,863,600 | 4,290,500 |
| 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 ÷ $6,484,500K
= 0.00
The debt-to-assets ratio for DexCom Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt as a significant source of financing relative to its total assets during this period. With a debt-to-assets ratio of 0.00, DexCom Inc appears to have a conservative financial structure with a low reliance on debt to fund its operations and investments. This suggests that the company may have been managing its financial leverage prudently and may be in a strong financial position with a lower risk of financial distress related to debt obligations.
Peer comparison
Dec 31, 2024