Lantheus Holdings Inc (LNTH)
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 | 1,980,340 | 1,651,150 | 1,321,260 | 863,784 | 869,821 |
| 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 ÷ $1,980,340K
= 0.00
The debt-to-assets ratio for Lantheus Holdings Inc has consistently stood at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not taken on any debt in relation to its total assets during this period. A debt-to-assets ratio of 0.00 typically suggests that the company has not borrowed funds to finance its operations or investments, implying a strong financial position with low financial leverage. However, it is important to note that while a low debt-to-assets ratio can be favorable in terms of financial stability and risk, it may also indicate missed opportunities for potential growth through strategic leveraging.
Peer comparison
Dec 31, 2024