Installed Building Products Inc (IBP)
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 | 2,059,900 | 2,072,500 | 2,025,200 | 2,003,200 | 1,981,300 | 1,920,960 | 1,835,940 | 1,779,560 | 1,778,930 | 1,763,850 | 1,702,090 | 1,652,750 | 1,653,200 | 1,327,130 | 1,273,620 | 1,233,620 | 1,187,680 | 1,165,440 | 1,131,050 | 1,087,060 |
| 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 ÷ $2,059,900K
= 0.00
Installed Building Products Inc has consistently maintained a debt-to-assets ratio of 0.00, as per the financial data provided from March 2020 to December 2024. A debt-to-assets ratio of 0.00 indicates that the company has no debt in relation to its total assets during the specified periods. This signifies that the company has been funding its operations and investments predominantly through equity and retained earnings, rather than relying on borrowed funds. A low or zero debt-to-assets ratio is generally considered favorable as it suggests lower financial risk and greater financial stability for the company.
Peer comparison
Dec 31, 2024