ICU Medical Inc (ICUI)

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 4,203,930 4,378,440 4,515,640 1,880,740 1,763,690
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 ÷ $4,203,930K
= 0.00

ICU Medical Inc has consistently maintained a debt-to-assets ratio of 0.00 across the five years from December 31, 2020, to December 31, 2024. This indicates that the company has not relied on debt financing to fund its assets during this period. A debt-to-assets ratio of 0.00 suggests that the company's assets are primarily financed by equity rather than debt, which may indicate a stable financial position and lower financial risk. It also implies that ICU Medical Inc may have a strong ability to cover its obligations using internal resources without the need for external borrowing.