Pitney Bowes Inc (PBI)
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 | 3,397,520 | 4,272,180 | 4,741,360 | 4,958,870 | 5,224,360 |
| 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 ÷ $3,397,520K
= 0.00
Based on the data provided, Pitney Bowes Inc has consistently maintained a debt-to-assets ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has no debt in relation to its total assets during this period. A debt-to-assets ratio of 0.00 typically suggests that the company is not relying on debt financing to fund its operations and investments, which could indicate a strong financial position. With no debt obligations impacting its asset base, the company may have more financial flexibility and lower financial risk.