Pitney Bowes Inc (PBI)

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 3,397,520 3,647,720 4,078,400 4,103,050 4,272,180 4,422,700 4,423,360 4,530,850 4,741,360 4,593,150 4,677,590 4,787,060 4,958,870 4,954,610 5,013,300 4,941,180 5,224,360 5,044,030 5,116,180 4,893,430
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 ÷ $3,397,520K
= 0.00

The debt-to-assets ratio for Pitney Bowes Inc has consistently been reported as 0.00 across all quarters from March 31, 2020, to December 31, 2024. This indicates that the company has not reported any debt relative to its total assets during this period. A debt-to-assets ratio of 0.00 suggests that all of the company's assets are financed through equity rather than debt, which may indicate a conservative approach to capital structure or a strong financial position. However, it's important to consider that a low debt-to-assets ratio may also imply a missed opportunity to benefit from financial leverage in enhancing returns for shareholders.