Sensata Technologies Holding NV (ST)
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 | 7,143,260 | 7,680,990 | 8,756,220 | 8,613,770 | 7,844,200 |
| 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 ÷ $7,143,260K
= 0.00
The debt-to-assets ratio for Sensata Technologies Holding NV has been consistently recorded at 0.00 for the years ending December 31, 2020 to December 31, 2024. This indicates that the company has not utilized debt as a source of financing its assets during this period. A debt-to-assets ratio of 0.00 signifies that the company's assets are entirely funded by equity rather than debt, suggesting a conservative financial structure. It also implies that the company may have strong financial stability and a low risk of financial distress associated with excessive debt levels.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-assets ratio
Sensata Technologies Holding NV
ST
0.00
Ametek Inc
AME
0.00
Cognex Corporation
CGNX
0.00
Danaher Corporation
DHR
0.00
Fortive Corp
FTV
0.20
Keysight Technologies Inc
KEYS
0.19
Mesa Laboratories Inc
MLAB
0.38
MKS Instruments Inc
MKSI
0.54
Roper Technologies, Inc.
ROP
0.21