Sunrun Inc (RUN)
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 | 19,897,900 | 20,450,200 | 19,268,800 | 16,483,300 | 14,382,900 |
| 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 ÷ $19,897,900K
= 0.00
Based on the data provided, Sunrun Inc's debt-to-assets ratio has consistently been 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company's total debt compared to its total assets is minimal, suggesting that Sunrun Inc is primarily funded by equity rather than debt. A debt-to-assets ratio of 0.00 typically indicates that the company has a strong financial position with low financial risk related to debt obligations. It implies that Sunrun Inc has sufficient assets to cover its debts, which can be perceived positively by investors and creditors. However, it's essential to note that while a low debt-to-assets ratio can be favorable, it's essential to consider other financial metrics and factors when evaluating the overall financial health and performance of the company.
Peer comparison
Dec 31, 2024