Ichor Holdings Ltd (ICHR)
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 | 995,564 | 938,481 | 1,083,740 | 1,020,880 | 774,172 |
| 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 ÷ $995,564K
= 0.00
The debt-to-assets ratio of Ichor Holdings Ltd has consistently been 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not had any debt during this period relative to its total assets. A debt-to-assets ratio of 0.00 implies that the company is entirely owner-financed and does not rely on external debt to fund its operations or growth. This can be viewed positively by investors and creditors as it signifies a low risk of financial distress due to debt obligations. However, it is also essential to consider the reasons behind the lack of debt and evaluate the company's overall financial health and capital structure in conjunction with other financial metrics.
Peer comparison
Dec 31, 2024