Insperity Inc (NSP)
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 | 369,000 | 369,000 | 369,400 | 369,400 | 369,400 |
| Total assets | US$ in thousands | 2,597,000 | 2,120,000 | 2,039,260 | 1,753,080 | 1,584,280 |
| Debt-to-assets ratio | 0.14 | 0.17 | 0.18 | 0.21 | 0.23 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $369,000K ÷ $2,597,000K
= 0.14
Insperity Inc's debt-to-assets ratio has shown a declining trend over the past five years, decreasing from 0.23 in December 31, 2020, to 0.14 in December 31, 2024. This indicates that the company's total debt relative to its total assets has been gradually decreasing, which may suggest improved financial stability and lower financial risk. A lower debt-to-assets ratio implies that the company relies less on debt financing to support its operations and investments, which is generally viewed positively by investors and creditors. Insperity Inc's decreasing debt-to-assets ratio over the years may reflect effective debt management and prudent financial decision-making by the company's management.
Peer comparison
Dec 31, 2024