Acushnet Holdings Corp (GOLF)

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 2,180,210 2,280,750 2,274,160 2,356,960 2,196,680 2,210,570 2,330,930 2,453,010 2,193,810 2,101,360 2,096,150 2,085,800 2,005,840 2,075,220 2,066,690 1,968,880 1,866,560 1,839,090 1,897,720 1,887,700
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 ÷ $2,180,210K
= 0.00

The debt-to-assets ratio of Acushnet Holdings Corp has consistently been reported as 0.00 across all quarters from March 31, 2020 to December 31, 2024. This indicates that the company does not have any financial leverage in its capital structure, as its total debt is negligible or non-existent in relation to its total assets during the specified period. A debt-to-assets ratio of 0.00 suggests that the company relies entirely on its equity financing to support its operations and investments, which may reflect a strong financial position and low risk of default related to debt obligations. It is important to note that a debt-to-assets ratio of 0.00 may not necessarily imply that the company has zero debt, but rather that the level of debt is insignificant relative to the value of its assets throughout the given period.


Peer comparison

Dec 31, 2024

Company name
Symbol
Debt-to-assets ratio
Acushnet Holdings Corp
GOLF
0.00
Callaway Golf Company
MODG
0.19
YETI Holdings Inc
YETI
0.06