Exponent Inc (EXPO)
Debt-to-assets ratio
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 646,777 | 602,462 | 604,284 | 566,427 | 586,662 | 559,003 | 566,704 | 617,548 | 683,739 | 638,305 | 618,871 | 577,022 | 580,096 | 534,666 | 513,187 | 483,663 | 563,411 | 544,491 | 520,641 | 489,220 |
| 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, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $646,777K
= 0.00
Exponent Inc has consistently maintained a debt-to-assets ratio of 0.00 over the past several quarters, indicating that the company does not rely on debt financing to fund its operations or investments. A debt-to-assets ratio of 0.00 suggests that the company's assets are primarily financed by equity rather than debt, which can be seen as a positive sign of financial strength and stability. This indicates that Exponent Inc has a conservative approach to leverage and is not exposed to the risks associated with high levels of debt. The consistent 0.00 debt-to-assets ratio reflects a healthy balance sheet and suggests that the company has sufficient internal resources to support its operations and growth initiatives.
Peer comparison
Dec 31, 2023