Pursuit Attractions and Hospitality, Inc. (PRSU)

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 845,008 1,137,320 1,090,350 1,037,630 853,224
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 ÷ $845,008K
= 0.00

The debt-to-assets ratio for Pursuit Attractions and Hospitality, Inc. remained consistently at 0.00 across the four-year period from December 31, 2020, through December 31, 2024. This indicates that the company's total liabilities were negligible or non-existent relative to its total assets during this timeframe. Consequently, the firm appears to have financed its assets entirely through equity or equity-like instruments, demonstrating an absence of leverage. This pattern suggests a very conservative financial structure that minimizes debt-related risks but may also imply limited access to debt financing or a strategic choice to operate without leverage. The sustained zero debt-to-assets ratio over multiple years highlights the company's stability in maintaining a debt-free balance sheet during this period.