Kodiak Gas Services, Inc. (KGS)
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 | 4,435,120 | 3,244,110 | 3,205,540 | 3,011,600 | 3,295,830 |
| 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 ÷ $4,435,120K
= 0.00
The debt-to-assets ratio for Kodiak Gas Services, Inc. has consistently been reported as 0.00 across the four fiscal years from December 31, 2020, to December 31, 2024. This indicates that the company has historically had no reported debt obligations relative to its total assets during this period. A debt-to-assets ratio of zero suggests that the company's assets are entirely financed through equity, with no reliance on borrowed funds. This financial structure reflects a conservative approach, implying minimal leverage and potentially lower financial risk. The absence of debt also suggests that Kodiak Gas Services, Inc. may not have engaged in significant borrowing activities or may have prioritized maintaining a debt-free balance sheet. Overall, the ratio points to a stable financial position with a strong equity base and no evident leverage concerns over the surveyed timeframe.
Peer comparison
Dec 31, 2024