Teleflex Incorporated (TFX)
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 | 7,097,910 | 7,532,550 | 6,928,060 | 6,871,720 | 7,152,560 |
| 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 ÷ $7,097,910K
= 0.00
Based on the provided data for Teleflex Incorporated's debt-to-assets ratio from December 31, 2020, to December 31, 2024, it is evident that the company has consistently maintained a debt-to-assets ratio of 0.00 over the years. This indicates that Teleflex Incorporated has not utilized debt financing to fund its operations, acquisitions, or investments during this period. A debt-to-assets ratio of 0.00 implies that the company's total assets are fully financed by equity, signifying a strong financial position with no financial leverage. This may suggest that Teleflex has a conservative financial strategy, prioritizing stability and reduced financial risk by avoiding debt obligations. It also reflects positively on the company's ability to manage its operations efficiently without relying on debt to support its asset base.
Peer comparison
Dec 31, 2024