Power Integrations Inc (POWI)
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 | 828,826 | 819,868 | 840,096 | 1,014,490 | 903,339 |
| 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 ÷ $828,826K
= 0.00
The debt-to-assets ratio for Power Integrations Inc has remained constant at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not taken on any debt in relation to its total assets during this period. A debt-to-assets ratio of 0.00 typically suggests that the company's operations are funded without the need for borrowing, which can be a positive sign of financial stability and sound management. It shows that the company has been able to finance its operations and investments primarily through equity and retained earnings rather than by taking on debt. This low debt-to-assets ratio may indicate a lower financial risk for the company as it is not heavily leveraged, potentially making it more resilient in challenging economic conditions.
Peer comparison
Dec 31, 2024