Teleflex Incorporated (TFX)
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 | 7,097,910 | 7,486,290 | 7,441,640 | 7,477,920 | 7,532,550 | 7,493,630 | 6,895,720 | 6,917,920 | 6,928,060 | 6,758,090 | 6,731,850 | 6,873,310 | 6,871,720 | 7,039,960 | 7,066,390 | 7,028,020 | 7,152,560 | 6,613,290 | 6,765,130 | 6,701,560 |
| 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 ÷ $7,097,910K
= 0.00
The debt-to-assets ratio of Teleflex Incorporated has remained consistently at 0.00 over the period 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 implies that the company's assets are entirely financed by equity. This can be a positive sign as it suggests that the company has a strong financial position with no significant debt obligations that could impact its financial stability. Overall, the consistent 0.00 debt-to-assets ratio reflects Teleflex's conservative financial strategy and its ability to maintain a healthy balance sheet without relying on external borrowing.
Peer comparison
Dec 31, 2024