Silgan Holdings Inc (SLGN)
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 | 8,584,600 | 7,611,240 | 7,345,800 | 7,770,800 | 6,519,500 |
| 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 ÷ $8,584,600K
= 0.00
Silgan Holdings Inc has consistently maintained a debt-to-assets ratio of 0.00 over the five years from December 31, 2020, to December 31, 2024. This indicates that the company has no debt on its balance sheet relative to its total assets during this period, suggesting a strong financial position and low financial risk. The stable and low debt-to-assets ratio implies that Silgan Holdings Inc is relying more on equity financing rather than debt to fund its operations and investments. Investors and creditors may view this positively as it indicates the company's ability to manage its financial obligations effectively without taking on excessive debt.
Peer comparison
Dec 31, 2024