Middleby Corp (MIDD)

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 7,283,150 7,201,080 7,025,780 6,930,400 6,906,690 6,922,610 6,984,760 6,956,140 6,874,870 6,671,860 6,579,370 6,474,160 6,383,600 5,772,850 5,422,780 5,289,910 5,202,470 5,020,180 5,414,700 5,277,980
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 ÷ $7,283,150K
= 0.00

Middleby Corp has consistently maintained a debt-to-assets ratio of 0.00 across various quarters from March 31, 2020, to December 31, 2024. This indicates that the company has not relied on debt to finance its assets during these periods. A debt-to-assets ratio of 0.00 suggests that the company's assets are primarily funded through equity and retained earnings rather than borrowing. This could indicate a strong financial position with lower financial risk due to the absence of debt in the capital structure.


Peer comparison

Dec 31, 2024