Intuitive Surgical Inc (ISRG)

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	18,743,200	17,743,400	16,649,900	15,828,000	15,441,500	14,712,700	13,903,300	13,053,200	12,974,000	13,260,800	13,705,200	13,678,400	13,555,000	12,934,600	12,297,000	11,540,400	11,168,900	10,617,500	10,103,600	9,891,100
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 ÷ $18,743,200K
= 0.00

The debt-to-assets ratio of Intuitive Surgical Inc has consistently been recorded as 0.00 from March 2020 to December 2024. A debt-to-assets ratio of 0.00 indicates that the company has no debt in relation to its total assets during the period under review. This suggests that Intuitive Surgical Inc has been relying primarily on equity financing rather than debt financing to fund its operations and investments. A low or zero debt-to-assets ratio is generally viewed positively as it signifies lower financial risk and greater financial stability for the company. Additionally, a low debt level provides the company with more flexibility in managing its capital structure and financial obligations. Overall, the consistent 0.00 debt-to-assets ratio reflects the company's prudent financial management and capital structure decisions.