Sensata Technologies Holding NV (ST)
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 | ||
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Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Total assets | US$ in thousands | 7,143,260 | 7,314,330 | 8,189,440 | 7,615,950 | 7,680,990 | 8,388,340 | 8,392,600 | 8,584,850 | 8,756,220 | 8,712,620 | 8,606,680 | 8,611,390 | 8,613,770 | 8,504,760 | 8,418,360 | 7,945,190 | 7,844,200 | 7,559,490 | 7,084,880 | 6,812,820 |
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 ÷ $7,143,260K
= 0.00
The debt-to-assets ratio of Sensata Technologies Holding NV over the specified period indicates that the company has consistently maintained a debt level of 0.00 relative to its total assets. A debt-to-assets ratio of 0.00 suggests that the company has either no debt or a very minimal amount of debt compared to the total value of its assets.
This low debt-to-assets ratio typically signifies a strong financial position and indicates that the company is not highly leveraged, which can be seen as a positive indicator of financial health and stability. With no significant debt burden, Sensata Technologies may have lower financial risk and greater flexibility in managing its operations, investments, and future growth opportunities without being weighed down by heavy debt obligations.
In conclusion, the consistent 0.00 debt-to-assets ratio of Sensata Technologies Holding NV reflects a prudent approach to managing its capital structure and suggests a healthy balance sheet strength that may be conducive to long-term sustainability and resilience in the face of economic challenges.
Peer comparison
Dec 31, 2024