Proto Labs Inc (PRLB)
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 | 743,512 | 753,786 | 758,206 | 769,803 | 795,632 | 784,245 | 777,210 | 791,373 | 802,168 | 906,938 | 918,649 | 934,751 | 928,582 | 930,311 | 949,290 | 934,448 | 744,204 | 726,126 | 698,445 | 678,090 |
| 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 ÷ $743,512K
= 0.00
The debt-to-assets ratio for Proto Labs Inc has consistently remained at 0.00 for all the reported periods from March 31, 2020, to December 31, 2024. This indicates that the company has not used debt to finance its operations and investments during these periods. A debt-to-assets ratio of 0.00 suggests that the company's assets are fully financed by equity rather than debt. This could imply a strong financial position with low financial risk, as the company is not relying on borrowed funds to support its operations.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-assets ratio
Proto Labs Inc
PRLB
0.00
Arcosa Inc
ACA
0.00
Valmont Industries Inc
VMI
0.22