Resideo Technologies Inc (REZI)
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 | 8,199,000 | 6,645,000 | 6,387,000 | 5,853,000 | 5,610,000 |
| 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 ÷ $8,199,000K
= 0.00
The debt-to-assets ratio of Resideo Technologies Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used any debt to finance its assets during this period. A debt-to-assets ratio of 0.00 suggests that the company's assets are entirely financed by equity, which can be viewed positively as it implies lower financial risk and greater financial stability. It also indicates that the company may have strong cash flows or ample equity capital to support its operations and investments without relying on external debt funding.