Sturm Ruger & Company Inc (RGR)
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 | 384,034 | 373,454 | 376,703 | 384,977 | 398,817 | 400,350 | 396,898 | 389,097 | 484,763 | 460,902 | 443,732 | 446,478 | 442,343 | 420,061 | 398,876 | 364,129 | 348,258 | 310,568 | 389,856 | 362,399 |
| 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 ÷ $384,034K
= 0.00
The debt-to-assets ratio of Sturm Ruger & Company Inc has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This implies that the company has not had any long-term debt in relation to its total assets during this period.
A debt-to-assets ratio of 0.00 indicates that the company's assets are fully funded by its equity and that it does not rely on debt to finance its operations. This can be perceived positively by investors and creditors as it suggests a lower financial risk and a healthier financial position, as there is no financial leverage being utilized.
However, it's important to note that a very low or zero debt-to-assets ratio may also indicate a missed opportunity to take advantage of favorable borrowing terms to potentially increase returns on equity. It would be beneficial for the company to consider the optimal capital structure that balances the benefits of lower financial risk with the potential advantages of strategic debt utilization.
Peer comparison
Dec 31, 2024