EPAM Systems Inc (EPAM)
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 | 4,750,470 | 4,457,200 | 4,223,330 | 4,374,580 | 4,352,360 | 4,162,270 | 4,093,700 | 4,071,340 | 4,009,150 | 3,735,600 | 3,563,960 | 3,507,570 | 3,523,230 | 3,242,230 | 2,961,620 | 2,780,540 | 2,721,330 | 2,555,420 | 2,389,130 | 2,311,880 |
| 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 ÷ $4,750,470K
= 0.00
EPAM Systems Inc has consistently maintained a debt-to-assets ratio of 0.00 over the past several reporting periods, from March 31, 2020, to December 31, 2024. A debt-to-assets ratio of 0.00 indicates that the company has not utilized any debt to finance its assets during these periods. This may suggest that EPAM Systems Inc relies primarily on equity financing or has effectively managed its debt levels to minimize financial risk. A low debt-to-assets ratio can be viewed positively by investors and creditors as it signifies a lower level of financial leverage and potential financial distress. EPAM Systems Inc's stable ratio over time indicates a prudent approach to managing its capital structure.
Peer comparison
Dec 31, 2024