N-Able Inc (NABL)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 1,338,850 | 1,223,460 | 1,174,660 | 1,149,930 | 1,162,790 | 1,122,660 | 1,113,040 | 1,092,580 | 1,078,860 | 1,031,460 | 1,038,770 | 1,050,160 | 1,055,700 | 1,062,560 | 1,038,790 | 1,068,110 | 1,079,740 |
| 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 |
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 been 0.00 for all the periods from December 31, 2020, to December 31, 2024. This indicates that the company has not used any debt to finance its assets during these periods. A debt-to-assets ratio of 0.00 signifies that the company's total assets are entirely financed by equity rather than debt. This could imply a conservative financial strategy or a strong cash position that enables the company to operate without relying on external borrowings. However, it is essential to consider other financial metrics and factors to gain a comprehensive understanding of N-Able Inc's overall financial health and performance.
Peer comparison
Dec 31, 2024