SJW Group Common Stock (SJW)

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 4,658,310 4,552,300 4,439,430 4,367,510 4,426,290 3,843,430 3,712,160 3,652,500 3,632,620 3,604,700 3,541,050 3,511,880 3,485,970 3,469,740 3,409,520 3,332,140 3,319,130 3,259,710 3,209,980 3,174,300
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 ÷ $4,658,310K
= 0.00

The debt-to-assets ratio for SJW Group Common Stock has consistently been reported as 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not had any debt relative to its total assets during this period. A debt-to-assets ratio of 0.00 signifies that the company's assets are entirely financed by equity rather than debt. This could suggest that SJW Group Common Stock has a strong financial position with low financial risk as it is not heavily relying on borrowing to fund its operations or investments. However, it is essential to consider other financial metrics and factors to gain a comprehensive understanding of the company's overall financial health and performance.