IAC Inc. (IAC)
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 | 9,547,160 | 10,371,200 | 10,393,600 | 12,614,300 | 9,161,710 |
| 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 ÷ $9,547,160K
= 0.00
The debt-to-assets ratio for IAC Inc. for the years ending December 31, 2020, through December 31, 2024, remained consistent at 0.00. A debt-to-assets ratio of 0.00 indicates that the company has no debt relative to its total assets during these periods. This implies that IAC Inc. financed its operations and investments primarily through equity rather than debt, reflecting a strong financial position with low financial risk. Additionally, a debt-to-assets ratio of 0.00 suggests that the company may have sufficient liquidity or profitability to support its activities without resorting to borrowing.
Peer comparison
Dec 31, 2024