National Presto Industries Inc (NPK)
Debt-to-assets ratio
| Mar 31, 2025 | 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 | Sep 30, 2020 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 453,397 | 453,397 | 428,902 | 418,097 | 417,455 | 443,323 | 415,969 | 401,805 | 395,879 | 411,847 | 407,443 | 393,982 | 388,514 | 420,398 | 425,909 | 406,535 | 395,231 | 433,170 | 410,678 | 406,320 |
| 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 | 0.00 | 0.00 | 0.00 |
March 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $453,397K
= 0.00
The debt-to-assets ratio of National Presto Industries Inc has consistently remained at 0.00 throughout the reported periods from June 30, 2020, to March 31, 2025. 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 implies that the company's assets are entirely funded by equity rather than debt. This could suggest a conservative financial approach, as the absence of debt can lower financial risk and interest expenses for the company. It may also imply that the company has strong cash flows or financial resources to finance its operations without relying on borrowing. Overall, a consistent debt-to-assets ratio of 0.00 reflects a healthy financial position with low leverage and good control over its financial obligations.
Peer comparison
Mar 31, 2025