IPG Photonics Corporation (IPGP)
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 | 2,289,260 | 2,355,130 | 2,495,430 | 2,598,440 | 2,698,900 | 2,672,860 | 2,696,420 | 2,671,160 | 2,743,280 | 2,962,520 | 3,048,770 | 3,098,470 | 3,170,540 | 3,143,910 | 3,086,510 | 2,982,950 | 2,935,700 | 2,794,930 | 2,758,740 | 2,680,130 |
| 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 ÷ $2,289,260K
= 0.00
The debt-to-assets ratio for IPG Photonics Corporation has consistently been 0.00 for all reported periods from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its assets during this period. A debt-to-assets ratio of 0.00 typically suggests that the company primarily relies on equity or internally generated funds to fund its operations and investments. This may reflect a strong financial position, low financial risk, and a conservative capital structure strategy. However, it is important to note that while a low or zero debt-to-assets ratio can be positive, it can also imply missed opportunities for leveraging debt to potentially increase returns on equity.
Peer comparison
Dec 31, 2024