Regenxbio Inc (RGNX)

Debt-to-assets ratio

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Long-term debt US$ in thousands
Total assets US$ in thousands 573,970 833,268 1,113,900 708,164 497,908
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00

December 31, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $573,970K
= 0.00

The debt-to-assets ratio for Regenxbio Inc has consistently been 0.00 in each of the past five years (from 2019 to 2023). This indicates that the company has not had any debt relative to its total assets during this period. A debt-to-assets ratio of 0.00 signifies that the company has not relied on borrowing to finance its operations or growth, instead using equity or internal funds to support its assets. This may suggest a strong financial position with low financial risk and a high level of solvency. However, while a low debt-to-assets ratio is generally seen as positive, it's essential to consider the context of the industry and the company's specific circumstances in evaluating its financial health and performance.


Peer comparison

Dec 31, 2023