Insulet Corporation (PODD)
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 | 3,087,700 | 3,025,400 | 2,881,600 | 2,624,000 | 2,588,200 | 2,467,700 | 2,385,800 | 2,289,100 | 2,251,100 | 2,166,200 | 2,113,700 | 2,069,200 | 2,048,800 | 1,998,900 | 1,923,700 | 1,840,100 | 1,872,900 | 1,710,600 | 1,626,700 | 1,108,200 |
| 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 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $3,087,700K
= 0.00
The debt-to-assets ratio for Insulet Corporation has consistently been 0.00 for all quarters from March 31, 2020, to December 31, 2024. This indicates that the company has been using primarily equity financing rather than debt to fund its operations and investments. A low debt-to-assets ratio suggests that Insulet Corporation has a low level of financial leverage and may have a strong financial position with lower risk of financial distress. However, it is also important to consider that a very low debt-to-assets ratio might imply missed opportunities to benefit from the tax advantages of debt financing or the potential to leverage investments for higher returns.
Peer comparison
Dec 31, 2024