STAAR Surgical Company (STAA)
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 | 509,524 | 488,692 | 415,148 | 345,778 | 257,416 |
| 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 ÷ $509,524K
= 0.00
The debt-to-assets ratio of STAAR Surgical Company has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt financing to acquire assets during this period. A debt-to-assets ratio of 0.00 suggests that all of STAAR Surgical's assets have been funded through equity, which can be perceived positively as it signifies a low financial risk of default due to debt obligations. It also indicates the company's ability to finance its operations internally without relying on external debt. However, it is important to consider the overall financial health and sustainability of the company alongside this ratio to gain a more holistic understanding of its financial standing.
Peer comparison
Dec 31, 2024