Sitime Corporation (SITM)
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 | 884,959 | 951,683 | 750,616 | 678,209 | 136,011 |
| 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 ÷ $884,959K
= 0.00
Sitime Corporation has consistently maintained a debt-to-assets ratio of 0.00 from December 31, 2020, through December 31, 2024. This indicates that the company has not relied on debt to finance its operations and investments during this period. Sitime Corporation's low debt-to-assets ratio suggests a strong financial position with a lower risk of financial distress and potential bankruptcy. This ratio illustrates the company's ability to fund its assets primarily through equity, which may indicate a conservative approach to financial management. However, it's important to consider other financial metrics and factors when evaluating Sitime Corporation's overall financial health and performance.
Peer comparison
Dec 31, 2024