Teradyne Inc (TER)
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 | 3,708,710 | 3,486,820 | 3,501,250 | 3,807,670 | 3,652,350 |
| 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 ÷ $3,708,710K
= 0.00
The debt-to-assets ratio of Teradyne Inc has consistently remained at 0.00 for the years ending on December 31, 2020, 2021, 2022, 2023, and 2024. This indicates that the company has not used any debt to finance its assets during these periods. A debt-to-assets ratio of 0.00 suggests that Teradyne Inc has either paid off all its debt or operates with minimal debt compared to its total assets. This may reflect a strong financial position and lower financial risk, as the company is not reliant on borrowing to fund its operations and investments.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-assets ratio
Teradyne Inc
TER
0.00
Agilent Technologies Inc
A
0.00
Cohu Inc
COHU
0.00
Itron Inc
ITRI
0.36
Veralto Corporation
VLTO
0.41