Insulet Corporation (PODD)
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 | 3,087,700 | 2,588,200 | 2,251,100 | 2,048,800 | 1,872,900 |
| 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 ÷ $3,087,700K
= 0.00
Insulet Corporation has consistently maintained a debt-to-assets ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used debt as a source of financing to acquire assets during this period. A debt-to-assets ratio of 0.00 suggests that the company's assets are entirely financed by equity, which can be a positive sign as it indicates a lower financial risk and potentially greater financial stability. It also suggests that the company may have strong cash flows or profitability to fund its operations and investments without relying on debt.
Peer comparison
Dec 31, 2024