Silgan Holdings Inc (SLGN)
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 | 8,584,600 | 7,747,400 | 7,693,240 | 7,574,260 | 7,611,240 | 7,812,300 | 7,913,700 | 7,861,700 | 7,345,800 | 7,519,400 | 7,874,500 | 7,710,400 | 7,770,800 | 7,547,800 | 6,724,300 | 6,441,500 | 6,519,500 | 6,452,600 | 6,373,100 | 5,528,500 |
| 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 ÷ $8,584,600K
= 0.00
The debt-to-assets ratio for Silgan Holdings Inc has consistently remained at 0.00 across all reported quarters from March 31, 2020, to December 31, 2024. This indicates that the company has not used debt significantly to finance its assets during this period. A low or zero debt-to-assets ratio can be seen as a positive indicator, suggesting that the company relies more on equity financing rather than debt to support its operations and investments. It may imply a lower financial risk and greater financial stability for the company, as there is less reliance on borrowed funds to support its asset base. However, it is important to note that a very low debt-to-assets ratio could also mean missed opportunities for leveraging debt for potential growth or tax benefits. Overall, Silgan Holdings Inc's consistent 0.00 debt-to-assets ratio suggests a conservative approach to capital structure management.
Peer comparison
Dec 31, 2024