Federal Signal Corporation (FSS)
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 | 1,765,200 | 1,620,500 | 1,524,300 | 1,366,100 | 1,208,800 |
| 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 ÷ $1,765,200K
= 0.00
The debt-to-assets ratio for Federal Signal Corporation has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has funded its operations and investments primarily through equity rather than debt during this period. A debt-to-assets ratio of 0.00 suggests that the company has no debt on its balance sheet in relation to its total assets, reflecting a low financial risk and a strong financial position. Investors and creditors may view this as a positive indicator of the company's ability to meet its financial obligations without relying heavily on external debt financing.
Peer comparison
Dec 31, 2024