Intuitive Surgical Inc (ISRG)
Debt-to-assets ratio
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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Total assets | US$ in thousands | 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 | 9,733,200 | 9,131,300 | 8,531,600 | 8,234,900 |
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, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $15,441,500K
= 0.00
Based on the data provided in the table, it appears that Intuitive Surgical Inc has consistently maintained a debt-to-assets ratio of 0.00 across all quarters from Q1 2022 to Q4 2023. A debt-to-assets ratio of 0.00 indicates that the company has zero debt in relation to its total assets, suggesting that Intuitive Surgical Inc relies entirely on equity financing for its operations and expansion. This signifies a strong financial position and indicates a low level of financial risk associated with debt obligations. It also reflects positively on the company's ability to generate sufficient internal funds to support its growth and investment initiatives without resorting to external borrowings. Overall, a consistent debt-to-assets ratio of 0.00 demonstrates sound financial management and stability within the organization.
Peer comparison
Dec 31, 2023