Teledyne Technologies Incorporated (TDY)
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 | 14,200,500 | 14,527,900 | 14,354,000 | 14,446,000 | 5,068,600 |
| 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 ÷ $14,200,500K
= 0.00
Teledyne Technologies Incorporated has consistently maintained a debt-to-assets ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not relied on debt financing to fund its operations and investments during this period. A debt-to-assets ratio of 0.00 suggests that the company's assets are primarily funded through equity, which can be a positive sign of financial stability and lower financial risk. However, it's important to note that a low debt-to-assets ratio may also indicate that the company is not taking full advantage of leverage to potentially enhance returns for shareholders.
Peer comparison
Dec 31, 2024