Inari Medical Inc (NARI)
Debt-to-equity ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 464,910 | 417,002 | 239,209 | 200,254 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $464,910K
= 0.00
The debt-to-equity ratio of Inari Medical Inc has been consistently reported as 0.00 for the years 2020, 2021, 2022, and 2023. This indicates that the company has not used any debt to finance its operations during these periods and has relied solely on equity for its capital structure. A debt-to-equity ratio of 0.00 signifies a conservative financial approach, as it suggests that the company has no debt obligations in relation to its equity. This may be perceived positively by investors and creditors as it implies lower financial risk and potential for higher returns on equity investments. However, it's important to note that a zero debt-to-equity ratio may also limit the company's ability to leverage debt for potential growth opportunities.
Peer comparison
Dec 31, 2023