Haemonetics Corporation (HAE)
Debt-to-assets ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 2,450,950 | 2,195,590 | 1,934,820 | 1,859,730 | 1,819,920 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
March 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,450,950K
= 0.00
The debt-to-assets ratio of Haemonetics Corporation has remained at 0.00 from March 31, 2021, to March 31, 2025. A debt-to-assets ratio of 0.00 indicates that the company has no debt in relation to its total assets. This suggests that Haemonetics Corporation has been financing its operations primarily through equity rather than through borrowing. It indicates a strong financial position and lower financial risk as the company is not relying on debt to fund its activities. However, the absence of debt in the capital structure may also signify that the company is potentially missing out on the benefits of leverage, such as tax advantages and potential higher returns on equity. Additionally, the absence of data for March 31, 2025 signifies a lack of information for that period, highlighting the importance of continuous and timely financial reporting for comprehensive analysis.
Peer comparison
Mar 31, 2025