SJW Group Common Stock (SJW)
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 | 1,956,220 | 4,345,070 | 3,632,620 | 3,485,970 | 3,319,130 |
| 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 ÷ $1,956,220K
= 0.00
The debt-to-assets ratio for SJW Group Common Stock shows a consistent trend of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt to finance its assets during this period. A low or zero debt-to-assets ratio is generally viewed positively by investors and creditors, as it suggests a lower financial risk and a strong financial position. SJW Group's consistent 0.00 debt-to-assets ratio signifies that the company has been able to manage its assets efficiently without relying on external debt for funding, potentially indicating prudent financial management.
Peer comparison
Dec 31, 2024