ICU Medical Inc (ICUI)

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 4,203,930 4,305,040 4,286,670 4,288,400 4,378,440 4,376,860 4,463,040 4,470,630 4,515,640 4,450,480 4,590,000 4,746,730 1,880,740 1,839,350 1,802,840 1,765,230 1,763,690 1,729,540 1,859,060 1,816,980
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 ÷ $4,203,930K
= 0.00

The debt-to-assets ratio for ICU Medical Inc has consistently been 0.00 across all the reported periods from March 31, 2020, to December 31, 2024. This indicates that the company has had no debt relative to its total assets during these periods. A debt-to-assets ratio of 0.00 suggests that the company is not relying on debt financing to fund its operations and investments, which may indicate good financial health and a lower level of financial risk. It also suggests that the company's assets are primarily financed through equity rather than debt, which can be viewed positively by investors and creditors. Overall, ICU Medical Inc's consistent 0.00 debt-to-assets ratio reflects a strong financial position and a conservative capital structure.