Acushnet Holdings Corp (GOLF)
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 | 2,180,210 | 2,196,680 | 2,193,810 | 2,005,840 | 1,866,560 |
| 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 ÷ $2,180,210K
= 0.00
The debt-to-assets ratio for Acushnet Holdings Corp has consistently been 0.00 for the years ending December 31, from 2020 to 2024. This indicates that the company has not used any debt to finance its assets during these periods. A debt-to-assets ratio of 0.00 suggests that the company is solely relying on equity to fund its assets, which can be a positive indicator of financial stability and lower financial risk. It also implies that creditors have minimal influence over the company's operations, and the company may have a strong cash position or profitability to support its asset base without resorting to debt financing.
Peer comparison
Dec 31, 2024