STAAR Surgical Company (STAA)

Debt-to-assets ratio

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Long-term debt US$ in thousands
Total assets US$ in thousands 488,692 471,521 440,651 418,905 418,818 394,676 376,025 351,177 345,778 324,605 294,438 265,806 257,416 234,698 218,039 206,788 207,523 192,741 185,962 177,219
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, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $488,692K
= 0.00

The debt-to-assets ratio for STAAR Surgical Company has consistently been reported as 0.00 for the periods outlined in the table. This indicates that the company has not reported any debt on its balance sheet relative to its total assets during these periods. A debt-to-assets ratio of zero suggests that the company is not relying on debt financing to fund its operations and investments. It may imply a strong financial position with little financial risk associated with debt obligations. However, it's important to note that while a low or zero debt-to-assets ratio can be favorable, it may also suggest missed opportunities for leveraging debt for potential growth or tax advantages.


Peer comparison

Dec 31, 2023

Company name
Symbol
Debt-to-assets ratio
STAAR Surgical Company
STAA
0.00
National Vision Holdings Inc
EYE
0.20
The Cooper Companies Inc.
COO
0.23