Edwards Lifesciences Corp (EW)

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	13,055,300	9,363,200	8,292,500	8,502,600	7,237,100
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 ÷ $13,055,300K
= 0.00

The debt-to-assets ratio for Edwards Lifesciences Corp has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its assets during this period. A debt-to-assets ratio of 0.00 signifies that the company's assets are entirely financed by equity, suggesting a strong financial position with a low level of financial leverage. This may indicate that the company has a conservative approach to managing its capital structure and may potentially have lower financial risk compared to companies with higher debt levels.