Pool Corporation (POOL)
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 | 3,368,180 | 3,428,070 | 3,565,440 | 3,230,130 | 1,739,670 |
| 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 ÷ $3,368,180K
= 0.00
The debt-to-assets ratio for Pool Corporation remained consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that Pool Corporation has not utilized debt significantly to finance its assets during this period. A debt-to-assets ratio of 0.00 suggests that the company's assets are primarily funded by equity rather than debt, which can be viewed positively as it implies lower financial risk and leverage. Pool Corporation's consistent low debt-to-assets ratio may indicate a strong financial position and sound management of its capital structure, providing stability and financial flexibility.