ResMed Inc (RMD)

Debt-to-assets ratio

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 Dec 31, 2019 Sep 30, 2019
Long-term debt US$ in thousands
Total assets US$ in thousands 6,872,390 6,814,560 6,905,090 6,740,790 6,751,710 6,713,880 6,676,100 5,177,560 5,095,850 4,905,260 4,734,740 4,729,170 4,728,120 4,585,720 4,572,860 4,620,840 4,587,380 4,510,540 4,353,940 4,154,560
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

June 30, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $6,872,390K
= 0.00

The debt-to-assets ratio for ResMed Inc has consistently been reported as 0.00 for the past several quarters. This indicates that the company has not used debt financing to fund its operations, as the ratio measures the proportion of a company's assets that are financed by debt. A debt-to-assets ratio of 0.00 suggests that ResMed Inc relies primarily on equity to support its operations and growth, which can be viewed positively by investors as it signals a lower risk of financial distress due to debt obligations. Overall, the stable and low debt-to-assets ratio of ResMed Inc indicates a strong financial position and effective management of capital structure.


Peer comparison

Jun 30, 2024