Rogers Corporation (ROG)

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 1,481,100 1,540,000 1,487,100 1,488,000 1,517,200 1,520,870 1,568,380 1,611,530 1,646,210 1,625,790 1,632,270 1,593,260 1,598,570 1,346,040 1,313,480 1,282,220 1,264,000 1,272,040 1,400,540 1,426,420
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 ÷ $1,481,100K
= 0.00

The debt-to-assets ratio for Rogers Corporation has consistently remained at 0.00 over the periods from March 2020 to December 2024. This indicates that the company has not used debt financing to support its assets during this time frame. A debt-to-assets ratio of 0.00 typically suggests that the company has a low risk of financial distress related to its debt obligations, as it implies that the company's assets are funded primarily by equity rather than debt. Rogers Corporation's consistent 0.00 debt-to-assets ratio reflects a conservative financial strategy that prioritizes financial stability and minimizes the risks associated with debt leverage.