MSA Safety (MSA)
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 | 2,205,780 | 2,241,930 | 2,243,570 | 2,174,330 | 2,170,150 | 2,194,340 | 2,199,150 | 2,179,670 | 2,376,980 | 2,387,290 | 2,408,450 | 2,415,780 | 2,396,400 | 2,259,450 | 1,963,230 | 1,942,760 | 1,872,480 | 1,792,660 | 1,752,940 | 1,730,930 |
| 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 ÷ $2,205,780K
= 0.00
The debt-to-assets ratio for MSA Safety has consistently remained at 0.00 for the periods spanning 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 during these periods. This signifies that MSA Safety has been financing its operations and investments primarily through equity rather than debt. A low or zero debt-to-assets ratio can be considered a positive indicator, as it suggests lower financial risk and greater financial stability for the company. It indicates that MSA Safety is not relying heavily on borrowing to fund its operations, which can be advantageous in terms of financial flexibility and resilience, especially during economic downturns or turbulent market conditions.
Peer comparison
Dec 31, 2024