Innovex International, Inc (INVX)
Debt-to-assets ratio
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 1,227,080 | 1,196,000 | 1,197,480 | 1,132,780 | 1,008,160 | 1,021,030 | 1,028,180 | 486,980 | 979,666 | 975,396 | 972,515 | 970,524 | 973,566 | 978,110 | 1,010,430 | 1,093,740 | 1,124,710 | 1,126,830 | 1,151,170 | 1,159,540 |
| 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 |
June 30, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,227,080K
= 0.00
The debt-to-assets ratio of Innovex International, Inc. consistently remains at zero across all reporting periods from September 30, 2020, through June 30, 2025. This indicates that the company has not reported any outstanding debt relative to its total assets during this entire timeframe. A zero debt-to-assets ratio suggests that Innovex International, Inc. finances its operations entirely through equity or other non-debt liabilities, and does not utilize debt financing. This financial structure implies a potentially conservative capital approach, minimizing leverage-related risks. Overall, the company's asset base appears to be entirely financed without leveraging debt, reflecting a possibly strong equity position and a low risk profile from a debt perspective.
Peer comparison
Jun 30, 2025