JBTMarel Corp (JBTM)
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 | 3,413,800 | 2,710,400 | 2,641,000 | 2,141,400 | 1,805,900 |
| 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 ÷ $3,413,800K
= 0.00
The debt-to-assets ratio for JBTMarel Corp remains at zero across all the analyzed fiscal years from December 31, 2020, through December 31, 2024. This consistent value indicates that the company's total liabilities have been negligible or nonexistent relative to its total assets throughout this period. As a result, the company's capital structure appears to be entirely equity-financed, with no significant use of debt financing. This financial stance suggests limited financial leverage, which can imply a conservative risk profile and potentially a strong solvency position. However, it may also reflect a strategic choice or specific characteristics of the company's operations and industry.
Peer comparison
Dec 31, 2024