Talos Energy (TALO)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 6,191,800 | 6,399,080 | 6,361,860 | 6,434,380 | 4,816,310 | 4,753,100 | 4,805,410 | 4,795,760 | 3,058,630 | 2,813,370 | 2,863,100 | 2,810,490 | 2,766,820 | 2,786,160 | 2,852,160 | 2,839,690 | 2,834,550 | 3,172,280 | 3,174,650 | 3,238,190 |
| 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 ÷ $6,191,800K
= 0.00
The debt-to-assets ratio of Talos Energy has consistently remained at 0.00 across all reported periods from March 31, 2020, to December 31, 2024. This indicates that the company has not used debt to finance its assets during this period. A debt-to-assets ratio of 0.00 suggests that the company has either used equity financing exclusively or has a negligible amount of debt relative to its total assets. This can signal a strong financial position, as lower debt levels typically imply lower financial risk and greater financial stability. However, while a low debt-to-assets ratio can be seen as positive, it is important to consider the company's overall capital structure and financial strategy to determine the appropriateness of its financing decisions.
Peer comparison
Dec 31, 2024