Medpace Holdings Inc (MEDP)

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	2,100,870	2,084,060	1,920,050	1,795,790	1,656,830	1,486,720	1,406,940	1,395,720	1,352,500	1,328,420	1,315,450	1,344,350	1,659,940	1,577,140	1,469,710	1,451,360	1,390,680	1,296,140	1,222,130	1,137,630
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 ÷ $2,100,870K
= 0.00

The debt-to-assets ratio of Medpace Holdings Inc has remained consistently at 0.00 over the past few years, based on the data provided from March 31, 2020, to December 31, 2024. A debt-to-assets ratio of 0.00 indicates that the company has no debt in relation to its total assets. This suggests that the company has not relied on debt financing to fund its operations or expansion, which can be viewed positively by investors and creditors.

A debt-to-assets ratio of 0.00 can be considered optimal as it shows that the company's assets are primarily financed by equity rather than debt. This can imply a lower financial risk for the company, as it does not have significant debt obligations to repay. Additionally, a low or zero debt-to-assets ratio may indicate strong financial stability and operational efficiency, as the company is not burdened by high levels of debt.

Overall, Medpace Holdings Inc's consistent debt-to-assets ratio of 0.00 demonstrates a strong balance sheet structure and financial health, providing a favorable outlook for the company's sustainability and growth prospects.