Frontdoor Inc (FTDR)
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 | 2,107,000 | 1,089,000 | 1,082,000 | 1,069,000 | 1,405,000 |
| 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 ÷ $2,107,000K
= 0.00
Frontdoor Inc's debt-to-assets ratio has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used any debt to finance its assets during this period. A debt-to-assets ratio of 0.00 implies that the company's assets are entirely financed by equity, which can be viewed positively by investors and creditors as it signifies a lower financial risk and strong financial stability. It suggests that the company is not relying on borrowing to support its operations, and may indicate prudent financial management or access to sufficient internal funding sources.
Peer comparison
Dec 31, 2024