MSA Safety (MSA)
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 | 2,205,780 | 2,170,150 | 2,376,980 | 2,396,400 | 1,872,480 |
| 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 ÷ $2,205,780K
= 0.00
The debt-to-assets ratio for MSA Safety has consistently remained at 0.00 from December 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 during these periods. This signifies that MSA Safety relies more on equity financing rather than debt to fund its operations and investments. A lower debt-to-assets ratio is generally considered favorable as it suggests lower financial risk and greater financial stability. MSA Safety's consistent 0.00 debt-to-assets ratio over these years indicates a strong financial position and prudent capital structure management.
Peer comparison
Dec 31, 2024