Exponent Inc (EXPO)

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	777,270	646,777	586,662	683,739	580,096
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 ÷ $777,270K
= 0.00

The debt-to-assets ratio for Exponent Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that Exponent Inc has not used debt financing to acquire assets during this period. A debt-to-assets ratio of 0.00 suggests that the company's assets are primarily funded through equity or retained earnings, signaling a low financial risk profile in terms of debt leverage. It indicates robust financial health and stability, showcasing a strong ability to cover obligations using internal funds rather than relying on external debt.

Peer comparison

Dec 31, 2024

Company name

Symbol

Debt-to-assets ratio

Exponent Inc

EXPO

0.00