Gilead Sciences Inc (GILD)

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 58,995,000 54,525,000 53,579,000 56,292,000 62,125,000 62,373,000 62,337,000 61,876,000 63,171,000 62,557,000 62,870,000 63,080,000 67,952,000 67,098,000 67,984,000 67,492,000 68,407,000 60,878,000 55,934,000 59,741,000
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 ÷ $58,995,000K
= 0.00

The debt-to-assets ratio for Gilead Sciences Inc has consistently been 0.00 for all the reported periods from March 31, 2020, to December 31, 2024. This indicates that the company has not used debt as a source of financing in relation to its total assets during these periods. A debt-to-assets ratio of 0.00 implies that the company's assets are entirely funded by equity, suggesting a low financial risk in terms of debt obligations and a strong financial position. This ratio may indicate conservative financial management or a strategic decision to maintain a debt-free capital structure.


See also:

Gilead Sciences Inc Debt to Assets (Quarterly Data)