National Presto Industries Inc (NPK)
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 | 453,397 | 440,536 | 411,847 | 420,398 | 433,170 |
| 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 ÷ $453,397K
= 0.00
The debt-to-assets ratio for National Presto Industries Inc has consistently been 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has no debt in relation to its total assets during this period. A debt-to-assets ratio of 0.00 suggests that the company has not relied on borrowing to finance its operations or investments, demonstrating a strong financial position with lower financial risk and potential for greater financial stability.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-assets ratio
National Presto Industries Inc
NPK
0.00
Axon Enterprise Inc.
AXON
0.00
Sturm Ruger & Company Inc
RGR
0.00