Juniper Networks Inc (JNPR)
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 | 10,008,000 | 9,518,500 | 9,326,700 | 8,887,000 | 9,378,300 |
| 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 ÷ $10,008,000K
= 0.00
The debt-to-assets ratio for Juniper Networks Inc remained at 0.00 for the years ending December 31, 2020 through 2024. A debt-to-assets ratio of 0.00 indicates that the company did not have any debt in relation to its total assets during this period. This suggests that Juniper Networks Inc has been financing its operations primarily through equity or other sources of funding, rather than taking on debt. A low or zero debt-to-assets ratio can be a positive sign, as it indicates lower financial risk and potentially better financial health. However, it is important to also consider other financial metrics and factors to gain a comprehensive understanding of the company's financial position and performance.
Peer comparison
Dec 31, 2024