Rogers Corporation (ROG)

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	1,481,100	1,517,200	1,646,210	1,598,570	1,264,000
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 ÷ $1,481,100K
= 0.00

The debt-to-assets ratio of Rogers Corporation has consistently remained at 0.00 over the years from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt as a source of financing, as its total debt is non-existent or negligible in relation to its total assets. A debt-to-assets ratio of 0.00 typically signifies lower financial risk and shows that the company relies more on equity financing or has significant liquid assets to cover any obligations. It may also suggest a conservative financial strategy by avoiding excessive leverage.