Talos Energy (TALO)
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 | 6,191,800 | 4,816,310 | 3,058,630 | 2,766,820 | 2,834,550 |
| 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 ÷ $6,191,800K
= 0.00
The debt-to-assets ratio for Talos Energy over the years from December 31, 2020, to December 31, 2024, has consistently remained at 0.00. This indicates that the company has had no debt in relation to its total assets during this period. A debt-to-assets ratio of zero signifies that the company has not relied on external debt financing to fund its operations or investments, and that its assets have been primarily financed through equity or internal funds. This can be seen as a positive financial indicator, suggesting a strong financial position with low financial risk, as there is no debt burden affecting the company's asset base. Overall, a consistent debt-to-assets ratio of 0.00 reflects financial stability and a conservative approach to capital structure.
Peer comparison
Dec 31, 2024