LeMaitre Vascular Inc (LMAT)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 551,817 | 377,025 | 363,079 | 353,957 | 346,778 | 334,012 | 326,467 | 314,866 | 310,476 | 302,048 | 299,425 | 292,453 | 292,802 | 289,473 | 246,505 | 247,369 | 252,810 | 261,569 | 255,717 | 184,557 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $551,817K
= 0.00
The debt-to-assets ratio of LeMaitre Vascular Inc has consistently been reported as 0.00 throughout the provided financial periods from March 31, 2020, to December 31, 2024. This indicates that the company has not used debt financing to fund its assets during these periods. A debt-to-assets ratio of 0.00 implies that the company's total assets are entirely financed by equity rather than debt. This could be seen as a positive sign of financial stability as the company operates without the burden of debt obligations impacting its asset base. It also suggests that LeMaitre Vascular Inc has a strong financial position and may be viewed favorably by investors and creditors.
Peer comparison
Dec 31, 2024