HealthStream Inc (HSTM)
Debt-to-assets ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 499,942 | 497,741 | 486,753 | 500,313 | 489,544 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $499,942K
= 0.00
The debt-to-assets ratio for Healthstream Inc has consistently been 0.00 for the past five years, indicating that the company has not utilized debt to finance its assets during this period. This suggests that Healthstream has been primarily funding its operations and investments through equity or other non-debt sources. While a low debt-to-assets ratio can signify financial stability and lower financial risk, it is important to consider the potential limitations of this ratio, such as limited growth opportunities or underutilization of leverage. It would be beneficial to further examine the company's overall financial health and strategic decisions to gain a more comprehensive understanding of its financial position.
Peer comparison
Dec 31, 2023