Littelfuse Inc (LFUS)
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 | 3,891,780 | 3,995,280 | 3,903,730 | 3,151,700 | 2,747,590 |
| 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 ÷ $3,891,780K
= 0.00
The debt-to-assets ratio for Littelfuse Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not relied on debt to finance its assets during this period. A debt-to-assets ratio of 0.00 generally suggests that the company is utilizing equity financing rather than debt financing, which can be seen as a positive indicator of financial stability and strength. The consistent 0.00 ratio over the years reflects the company's conservative approach to managing its capital structure and maintaining a strong financial position.
Peer comparison
Dec 31, 2024