SanDisk Corp (SNDK)
Debt-to-assets ratio
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 9,230,760 | 10,290,000 | 10,488,700 | 10,339,100 | 10,174,600 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2015 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $9,230,760K
= 0.00
The debt-to-assets ratio for SanDisk Corp for each year from December 31, 2011, to December 31, 2015, consistently stands at 0.00. This indicates that the company did not have any debt relative to its total assets during this period. A debt-to-assets ratio of 0.00 implies that all of the company's assets were financed through equity rather than debt. This could signify a strong financial position with low financial risk, as the company is not relying on borrowed funds to support its operations or investments. Furthermore, a low debt-to-assets ratio may indicate a conservative financial strategy focused on minimizing financial leverage and interest expenses.
Peer comparison
Dec 31, 2015