N-Able Inc (NABL)
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 | 1,338,850 | 1,162,790 | 1,078,860 | 1,055,700 | 1,079,740 |
| 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 ÷ $1,338,850K
= 0.00
The debt-to-assets ratio for N-Able Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its assets during this period. A debt-to-assets ratio of 0.00 typically signals a financially stable position, as it implies that the company's assets are entirely funded by equity rather than debt. However, it is important to note that solely looking at this ratio may not provide a complete picture of the company's financial health. Further analysis of other ratios and financial metrics would be necessary to assess the overall financial position of N-Able Inc accurately.
Peer comparison
Dec 31, 2024