SanDisk Corp (SNDK)
Debt-to-assets ratio
| Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 | Mar 31, 2014 | Dec 31, 2013 | Sep 30, 2013 | Jun 30, 2013 | Mar 31, 2013 | Dec 31, 2012 | Sep 30, 2012 | Jun 30, 2012 | Mar 31, 2012 | Dec 31, 2011 | Sep 30, 2011 | Jun 30, 2011 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 9,511,860 | 9,230,760 | 9,073,000 | 9,149,430 | 9,461,220 | 10,290,000 | 10,708,300 | 10,729,700 | 10,586,400 | 10,488,700 | 8,944,530 | 9,619,000 | 10,376,400 | 10,339,100 | 10,321,500 | 10,075,700 | 10,012,100 | 8,776,710 | 9,860,900 | 9,487,810 |
| 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 |
March 31, 2016 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $9,511,860K
= 0.00
The debt-to-assets ratio of SanDisk Corp remained consistently at 0.00 throughout the period from June 30, 2011, to March 31, 2016. This indicates that the company did not have any debt relative to its total assets during this time frame. A debt-to-assets ratio of 0.00 typically suggests that the company is entirely financed by equity rather than debt, indicating a low financial risk and a strong financial position. It implies that SanDisk Corp may have been utilizing its own resources to fund its operations and investments, rather than relying on external borrowings.