Palantir Technologies Inc. Class A Common Stock (PLTR)

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	6,340,880	4,522,420	3,461,240	3,247,450	2,690,500
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 ÷ $6,340,880K
= 0.00

The debt-to-assets ratio of Palantir Technologies Inc. Class A Common Stock has consistently remained at 0.00 for the years ending December 31, 2020 through December 31, 2024. This indicates that the company has not utilized any debt to finance its assets during this period. A zero debt-to-assets ratio suggests that the company may have sufficient equity capital or internally generated funds to support its operations and investment activities without relying on external borrowing. In this case, Palantir Technologies Inc. appears to maintain a conservative capital structure with limited reliance on debt financing, which may be viewed positively by investors and creditors in terms of financial stability and risk management.