DexCom Inc (DXCM)

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	6,484,500	6,353,800	6,799,200	6,482,200	6,264,500	6,596,200	6,820,700	5,515,900	5,391,700	4,899,200	5,217,400	5,057,000	4,863,600	4,775,900	4,503,800	4,389,800	4,290,500	3,833,200	3,521,800	2,447,900
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 ÷ $6,484,500K
= 0.00

Based on the provided data for DexCom Inc, the debt-to-assets ratio has consistently remained at 0.00 across all the reported quarters from March 31, 2020, to December 31, 2024. A debt-to-assets ratio of 0.00 indicates that the company has not utilized debt as a source of financing in relation to its assets during this period.

A debt-to-assets ratio of 0.00 can signify that DexCom Inc has a strong financial position with a minimal or non-existent reliance on debt to fund its operations and investments. This could imply a low level of financial risk associated with debt repayment obligations and interest expenses.

However, it's important to note that while a low debt-to-assets ratio is generally favorable, it may also suggest limited leverage, which could potentially limit the company's ability to take advantage of growth opportunities that could be funded through debt financing.

Overall, DexCom Inc's consistent debt-to-assets ratio of 0.00 indicates a conservative approach to capital structure management, emphasizing financial stability and potentially positioning the company well for future growth and investment opportunities.