Intuitive Surgical Inc (ISRG)

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	18,743,200	15,441,500	12,974,000	13,555,000	11,168,900
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 ÷ $18,743,200K
= 0.00

The debt-to-assets ratio of Intuitive Surgical Inc has remained consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt financing to fund its operations, and its assets are primarily financed by equity. A lower debt-to-assets ratio is generally viewed positively as it signifies lower financial risk and greater financial stability. In the case of Intuitive Surgical Inc, the consistent 0.00 ratio over the specified years reflects a strong financial position with minimal reliance on debt to support its asset base.