Enpro Industries (NPO)
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 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 2,491,500 | 2,533,800 | 2,521,900 | 2,527,800 | 2,499,500 | 2,501,300 | 2,633,100 | 2,671,500 | 2,647,800 | 2,694,600 | 2,814,700 | 2,912,800 | 2,968,700 | 2,152,700 | 2,126,800 | 2,080,500 | 2,083,600 | 2,024,000 | 2,055,400 | 2,041,600 |
| 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 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,491,500K
= 0.00
The debt-to-assets ratio of Enpro Industries has consistently been 0.00 across all reported periods from March 31, 2020, to December 31, 2024. This indicates that the company has not taken on any debt or has minimal debt relative to its total assets during this time frame. A debt-to-assets ratio of 0.00 suggests that the company's assets are primarily financed through equity or other non-debt sources, which can be a positive sign of financial stability and solvency. It implies that the company is not heavily reliant on borrowed funds to support its operations and investments, reducing financial risk and potential interest expense burden.