Federal Signal Corporation (FSS)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 1,765,200 | 1,733,600 | 1,691,500 | 1,651,400 | 1,620,500 | 1,654,600 | 1,660,700 | 1,584,300 | 1,524,300 | 1,465,100 | 1,443,800 | 1,425,100 | 1,366,100 | 1,313,800 | 1,289,400 | 1,266,100 | 1,208,800 | 1,224,700 | 1,211,200 | 1,227,100 |
| 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, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,765,200K
= 0.00
Federal Signal Corporation has consistently maintained a debt-to-assets ratio of 0.00 across multiple reporting periods from March 31, 2020, to December 31, 2024. A debt-to-assets ratio of 0.00 indicates that the company has no debt relative to its total assets during these periods. This suggests that Federal Signal Corporation has been financing its operations primarily through equity or has effectively managed its debt levels to maintain a strong financial position with a low risk of financial distress related to debt obligations. A low debt-to-assets ratio can also indicate that the company has a solid financial base and is less reliant on external financing.
Peer comparison
Dec 31, 2024