National Vision Holdings Inc (EYE)
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 | 2,007,770 | 2,172,510 | 2,291,250 | 2,293,090 | 2,333,500 |
| 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 ÷ $2,007,770K
= 0.00
The debt-to-assets ratio of National Vision Holdings Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has been financing its assets without relying on debt during this period. A ratio of 0.00 signifies that the company's total liabilities have been negligible or non-existent relative to its total assets. While a low debt-to-assets ratio can be a positive sign of financial stability and lower risk of financial distress, it is also important to consider other financial metrics to assess the overall financial health and performance of the company.
Peer comparison
Dec 31, 2024