Everus Construction Group Inc (ECG)
Debt-to-assets ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — |
| Total assets | US$ in thousands | 1,110,580 | 1,135,590 | — |
| Debt-to-assets ratio | 0.00 | 0.00 | — |
December 31, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,110,580K
= 0.00
The debt-to-assets ratio for Everus Construction Group Inc was 0.00 for both December 31, 2023, and December 31, 2022. This indicates that the company had no financial debt relative to its total assets in both years. Typically, a debt-to-assets ratio of 0.00 suggests that the company is primarily financed through equity rather than debt. However, as there is no data available for December 31, 2021, it is difficult to assess the trend over the years. Further analysis of the company's financial structure and capital management practices would provide a more comprehensive understanding of its financial health and risk profile.
Peer comparison
Dec 31, 2023