Floor & Decor Holdings Inc (FND)
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 | 5,050,480 | 4,662,550 | 4,351,240 | 3,730,700 | 2,880,420 |
| 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 ÷ $5,050,480K
= 0.00
The debt-to-assets ratio of Floor & Decor Holdings Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has no debt in relation to its total assets during these periods. A debt-to-assets ratio of 0.00 suggests that the company operates without relying on debt financing to support its asset base. This can be seen as a positive signal, as it implies a lower financial risk and potentially greater financial stability for the company. Overall, Floor & Decor Holdings Inc's consistent 0.00 debt-to-assets ratio reflects a strong financial position and a balanced capital structure.
Peer comparison
Dec 31, 2024