Palantir Technologies Inc. Class A Common Stock (PLTR)

Debt-to-assets ratio

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Long-term debt	US$ in thousands	—	—	0	197,977
Total assets	US$ in thousands	4,522,420	3,461,240	3,247,450	2,690,500
Debt-to-assets ratio		0.00	0.00	0.00	0.07

December 31, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $4,522,420K
= 0.00

The debt-to-assets ratio for Palantir Technologies Inc. Class A Common Stock has remained at 0.00 for the years 2023, 2022, and 2021, indicating that the company has not utilized debt to finance its assets during those periods. However, it is worth noting that the ratio was 0.07 in 2020, suggesting that the company had a small level of debt relative to its assets in that year. Overall, the consistent low or zero debt-to-assets ratio in recent years indicates that Palantir Technologies Inc. has maintained a strong financial position with minimal reliance on debt to support its operations and asset investments.