Glaukos Corp (GKOS)

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	—	56,759	56,692	283,117	282,773	282,430	282,087	281,743	281,400	281,056	280,713	280,370	280,026	279,683	—	—	189,416	186,676	183,999	—
Total assets	US$ in thousands	974,756	926,543	919,675	933,338	940,414	948,634	956,740	972,592	1,002,380	1,008,470	1,031,280	1,052,070	1,049,700	1,064,130	1,043,720	1,022,780	1,005,500	994,514	995,733	779,720
Debt-to-assets ratio		0.00	0.06	0.06	0.30	0.30	0.30	0.29	0.29	0.28	0.28	0.27	0.27	0.27	0.26	0.00	0.00	0.19	0.19	0.18	0.00

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $974,756K
= 0.00

The debt-to-assets ratio for Glaukos Corp has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The ratio started at 0.00 on March 31, 2020, indicating that the company had no debt relative to its total assets at that time.

Subsequently, there was an increase in the ratio to 0.18 by June 30, 2020, which suggests that about 18% of Glaukos Corp's assets were financed by debt. The ratio continued to rise gradually, reaching 0.30 by March 31, 2024. This upward trend indicates an increasing reliance on debt financing over the period under consideration.

However, there were some deviations from this trend, notably a decrease in the ratio to 0.06 by June 30, 2024, before dropping back to 0.00 by December 31, 2024. These fluctuations may reflect changes in the company's capital structure or debt repayment activities during those specific periods.

Overall, the debt-to-assets ratio for Glaukos Corp has witnessed an upward trajectory, with a few temporary declines, suggesting a shift towards a higher level of debt utilization in relation to its total assets. Investors and analysts may monitor this ratio closely to assess the company's financial leverage and risk profile.