Tidewater Inc (TDW)

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	2,074,900	2,047,130	2,089,750	2,077,820	2,062,770	2,071,560	1,344,160	1,327,150	1,297,660	1,283,060	1,282,740	1,054,130	1,095,780	1,123,070	1,151,730	1,188,930	1,251,180	1,350,770	1,415,680	1,553,120
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 ÷ $2,074,900K
= 0.00

Based on the data provided, Tidewater Inc's debt-to-assets ratio has consistently been 0.00 for all quarters from March 31, 2020, to December 31, 2024. A debt-to-assets ratio of 0.00 indicates that Tidewater Inc has not used any debt financing to acquire its assets during this period. This could suggest that the company primarily relies on equity financing to fund its operations and investments.

Having a consistent debt-to-assets ratio of 0.00 over several quarters may indicate a strong financial position and lower financial risk for Tidewater Inc. It implies that the company is not burdened with a significant amount of debt relative to its total assets, which could be viewed positively by investors and creditors.

However, it is essential to consider other financial metrics and factors when assessing the financial health and performance of Tidewater Inc comprehensively. While a low debt-to-assets ratio is generally favorable, it is crucial to analyze other ratios and metrics, such as profitability, liquidity, and efficiency, to gain a more well-rounded understanding of the company's overall financial position.