Enviri Corporation (NVRI)
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 | 2,650,230 | 2,854,550 | 2,790,850 | 3,053,910 | 2,993,290 |
| 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 ÷ $2,650,230K
= 0.00
The debt-to-assets ratio of Enviri Corporation has been consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company does not rely on debt to finance its assets, suggesting a strong financial position with either minimal or no long-term debt obligations relative to its total assets. An excessively low debt-to-assets ratio can imply lower financial risk and potentially signal to investors and creditors that the company is managing its financial leverage prudently. However, it is essential to consider other financial metrics and contextual factors to gain a comprehensive understanding of Enviri Corporation's overall financial health and performance.