Sturm Ruger & Company Inc (RGR)
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 | 384,034 | 398,817 | 484,763 | 442,343 | 348,258 |
| 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 ÷ $384,034K
= 0.00
The debt-to-assets ratio of Sturm Ruger & Company Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations and investments, and its assets are entirely financed by equity. A debt-to-assets ratio of 0.00 signifies a very low risk related to financial leverage, as the company is not relying on borrowed funds to support its asset base. Sturm Ruger & Company Inc's strong financial position and conservative debt management strategy are reflected in this stable and minimal debt-to-assets ratio over the years.
Peer comparison
Dec 31, 2024