Boston Beer Company Inc (SAM)
Debt-to-assets ratio
| 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 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 1,429,990 | 1,516,890 | 1,492,550 | 1,392,510 | 1,420,770 | 1,530,700 | 1,480,470 | 1,390,000 | 1,386,780 | 1,463,530 | 1,560,950 | 1,464,170 | 1,378,820 | 1,312,340 | 1,208,250 | 1,193,560 | 1,054,060 | 1,016,180 | 813,330 | 704,020 |
| 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, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,429,990K
= 0.00
The debt-to-assets ratio for Boston Beer Company Inc has consistently been 0.00 across all reporting periods provided. This indicates that the company has not utilized any debt to finance its assets during these periods. A debt-to-assets ratio of 0.00 signifies that the company's total assets are entirely funded by equity rather than debt. While having a low or zero debt-to-assets ratio can indicate financial stability and less risk of default, it is essential to consider that the absence of debt may limit the company's ability to leverage opportunities for growth or expansion. Further analysis of the company's capital structure and financial strategy would provide additional insight into its overall financial health and performance.
Peer comparison
Dec 31, 2023