Integer Holdings Corp (ITGR)
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 | 3,077,970 | 2,942,650 | 2,794,390 | 2,582,220 | 2,371,860 |
| 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 ÷ $3,077,970K
= 0.00
The debt-to-assets ratio of Integer Holdings Corp has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt significantly to finance its assets during this period. A debt-to-assets ratio of 0.00 typically suggests that the company relies more on equity financing, which can be viewed positively as it signifies lower financial risk and greater financial stability. However, it is essential to assess other financial metrics and factors to gain a comprehensive understanding of Integer Holdings Corp's overall financial health and performance.
Peer comparison
Dec 31, 2024