Exelixis Inc (EXEL)
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 | 2,947,690 | 2,942,360 | 3,071,490 | 2,616,240 | 2,137,330 |
| 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 ÷ $2,947,690K
= 0.00
Exelixis Inc has consistently maintained a debt-to-assets ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt as a source of financing relative to its total assets during this period. A debt-to-assets ratio of 0.00 suggests that Exelixis Inc has financed its operations primarily through equity or internal funds, which may reflect a conservative financial strategy aimed at minimizing financial risk and enhancing financial stability. It also indicates a strong financial position and potentially positive investor sentiment due to the absence of significant debt obligations.
Peer comparison
Dec 31, 2024