Triumph Group Inc (TGI)
Debt-to-assets ratio
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 1,626,930 | 1,511,790 | 1,511,460 | 1,492,760 | 1,728,920 | 1,676,580 | 1,673,130 | 1,654,870 | 1,714,840 | 1,597,290 | 1,568,270 | 1,667,460 | 1,760,700 | 1,752,540 | 1,800,720 | 1,883,490 | 2,450,940 | 2,401,920 | 2,533,420 | 2,266,320 |
| 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 |
March 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,626,930K
= 0.00
The debt-to-assets ratio of Triumph Group Inc has been consistently at 0.00% from June 30, 2020, up to March 31, 2025. This indicates that the company has not been relying heavily on debt to finance its operations or investments, as its total debt is virtually negligible compared to its total assets. A low or decreasing debt-to-assets ratio is generally seen as a positive sign by investors and creditors, as it suggests lower financial risk and better liquidity for the company. However, it's important to note that a very low debt-to-assets ratio could also indicate limited growth opportunities or underutilization of leverage for potential expansion.
Peer comparison
Mar 31, 2025