Exelixis Inc (EXEL)
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 | 2,947,690 | 2,960,280 | 2,773,120 | 2,803,750 | 2,942,360 | 2,976,910 | 3,142,470 | 3,143,360 | 3,071,490 | 2,961,370 | 2,881,400 | 2,654,120 | 2,616,240 | 2,447,740 | 2,367,270 | 2,190,540 | 2,137,330 | 2,111,040 | 2,046,550 | 1,955,600 |
| 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 ÷ $2,947,690K
= 0.00
The debt-to-assets ratio of Exelixis Inc for the period under review, spanning from March 31, 2020, to December 31, 2024, consistently stood at 0.00. This ratio indicates that the company did not have any debt relative to its total assets throughout the period. A debt-to-assets ratio of zero suggests that the company's assets were entirely financed by equity rather than debt, reflecting a strong financial position with no financial leverage. It implies that Exelixis Inc did not rely on borrowing to fund its operations or investments and had a low risk of financial distress due to debt obligations.
Peer comparison
Dec 31, 2024