Interpublic Group of Companies Inc (IPG)
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 | 18,325,800 | 19,267,300 | 18,845,000 | 19,909,200 | 18,042,700 |
| 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 ÷ $18,325,800K
= 0.00
The debt-to-assets ratio of Interpublic Group of Companies Inc has consistently remained at 0.00 over the past five years, as indicated by the data from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt to finance its operations or acquire assets during this period.
A debt-to-assets ratio of 0.00 signifies that the company's total debt is equal to zero in relation to its total assets. This could suggest that Interpublic Group of Companies Inc has a conservative financial structure, with minimal reliance on debt financing. It also implies that the company may have a strong ability to cover its obligations with its existing assets, potentially indicating financial stability and sound management of resources.
While a low debt-to-assets ratio is generally viewed positively as it signifies lower financial risk and leverage, it's important to consider the context and industry norms when evaluating the significance of this ratio for Interpublic Group of Companies Inc. Further analysis of the company's overall financial health and performance indicators would provide a more comprehensive understanding of its financial position and strategies.
Peer comparison
Dec 31, 2024