Liquidity Services Inc (LQDT)

Debt-to-assets ratio

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Long-term debt	US$ in thousands	—	—	—	—	—
Total assets	US$ in thousands	346,888	288,970	288,104	255,576	196,634
Debt-to-assets ratio		0.00	0.00	0.00	0.00	0.00

September 30, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $346,888K
= 0.00

The debt-to-assets ratio for Liquidity Services Inc has consistently been reported as 0.00 for the past five years, including data up to Sep 30, 2024. This indicates that the company has not utilized any debt to finance its assets during this period. Maintaining a debt-to-assets ratio of 0.00 may suggest that Liquidity Services Inc has a conservative capital structure strategy, relying primarily on equity financing or internal funds to support its operations and asset investments. This approach may indicate a lower risk of financial distress due to debt obligations and could be viewed positively by investors and creditors. However, it's important to consider the potential implications of a zero debt-to-assets ratio, such as missed opportunities for leveraging debt for potential growth or tax advantages.