Insperity Inc (NSP)
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 | 369,000 | 369,000 | 369,000 | 369,000 | 369,000 | 369,400 | 369,400 | 369,400 | 369,400 | 369,400 | 369,400 | 369,400 | 369,400 | 369,400 | 369,400 | 369,400 | 369,400 | 369,400 | 369,400 | 369,400 |
| Total assets | US$ in thousands | 2,597,000 | 1,933,000 | 2,095,000 | 2,126,000 | 2,120,000 | 1,996,470 | 1,865,270 | 2,039,970 | 2,039,260 | 1,781,510 | 1,892,910 | 1,940,080 | 1,753,080 | 1,734,050 | 1,728,080 | 1,769,080 | 1,584,280 | 1,523,280 | 1,517,730 | 1,522,410 |
| Debt-to-assets ratio | 0.14 | 0.19 | 0.18 | 0.17 | 0.17 | 0.19 | 0.20 | 0.18 | 0.18 | 0.21 | 0.20 | 0.19 | 0.21 | 0.21 | 0.21 | 0.21 | 0.23 | 0.24 | 0.24 | 0.24 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $369,000K ÷ $2,597,000K
= 0.14
The debt-to-assets ratio of Insperity Inc has been relatively stable over the past few years, hovering around the range of 0.14 to 0.24. This ratio indicates the proportion of the company's total assets that are financed by debt. As of December 31, 2024, the debt-to-assets ratio stands at 0.14, implying that only 14% of the company's assets are funded by debt, while the remaining 86% are financed by equity. A lower debt-to-assets ratio suggests that the company relies more on equity financing, which may be viewed positively by investors and creditors as it indicates lower financial risk and leverage. Insperity Inc's consistent and relatively low debt-to-assets ratio demonstrates a prudent approach to managing its financial structure, potentially enhancing its financial stability and sustainability.
Peer comparison
Dec 31, 2024