FormFactor Inc (FORM)
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 | 1,146,220 | 1,106,790 | 1,008,230 | 1,020,520 | 963,217 |
| 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 ÷ $1,146,220K
= 0.00
The debt-to-assets ratio of FormFactor Inc has consistently been at 0.00 for the years 2020, 2021, 2022, 2023, and 2024. This indicates that the company has not used debt as a source of financing to acquire its assets during this period. A debt-to-assets ratio of 0.00 signifies that the company's total debt obligations are either extremely low or non-existent in relation to its total assets. This could suggest that FormFactor Inc has been largely relying on equity financing to fund its operations and investments. A low or zero debt-to-assets ratio can be seen as a positive sign of financial stability, as it indicates lower financial risk and less dependence on external creditors.
Peer comparison
Dec 31, 2024