Inari Medical Inc (NARI)
Debt-to-equity ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 464,910 | 452,142 | 435,645 | 426,736 | 417,002 | 415,099 | 413,778 | 418,812 | 239,209 | 234,370 | 221,821 | 213,611 | 200,254 | 191,484 | 183,870 |
| Debt-to-equity 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 |
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 consistently been reported as 0.00 across all quarters spanning from Q1 2022 to Q4 2023. This indicates that the company has not used any debt to finance its operations during this period, relying entirely on equity to fund its activities. The consistent ratio of 0.00 suggests that Inari Medical has a conservative financial structure with a low level of financial leverage. This could be seen as a positive sign as it indicates lower financial risk and potential to weather economic downturns or uncertainties. However, it is important to note that a low debt-to-equity ratio could also mean missed opportunities for leveraging debt for potential growth or expansion.
Peer comparison
Dec 31, 2023