Progyny Inc (PGNY)

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	607,102	756,620	542,986	358,065	253,927
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 ÷ $607,102K
= 0.00

The debt-to-assets ratio of Progyny Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has maintained a debt-free capital structure during this period. A debt-to-assets ratio of 0.00 means that the company has no debt relative to its total assets, suggesting a low financial risk and a strong financial position. Progyny Inc's ability to operate without relying on debt financing may provide flexibility and stability in managing its financial obligations and pursuing growth opportunities.

Peer comparison

Dec 31, 2024

Company name

Symbol

Debt-to-assets ratio

Progyny Inc

PGNY

0.00

DaVita HealthCare Partners Inc