Palantir Technologies Inc. Class A Common Stock (PLTR)

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	6,340,880	5,768,100	5,191,880	4,807,080	4,522,420	4,193,420	3,980,260	3,683,140	3,461,240	3,318,840	3,282,340	3,319,180	3,247,450	3,224,330	3,075,670	3,014,180	2,690,500	2,603,710	1,892,360	—
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	—

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $6,340,880K
= 0.00

The debt-to-assets ratio for Palantir Technologies Inc. Class A Common Stock has consistently been 0.00 from March 2020 to December 2024. This indicates that the company has not had any debt in relation to its total assets during this period. A debt-to-assets ratio of 0.00 typically suggests that the company relies on equity financing rather than debt to fund its operations and investments, which may indicate a lower financial risk profile. However, it's important to note that a low debt-to-assets ratio may also signal limited access to leverage for potential growth opportunities. Potential investors may view this positively in terms of financial stability and solvency.