Tegna Inc (TGNA)
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 | 7,326,520 | 7,000,060 | 7,328,900 | 6,917,650 | 6,848,700 |
| 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 ÷ $7,326,520K
= 0.00
The debt-to-assets ratio for Tegna Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. A debt-to-assets ratio of 0.00 indicates that the company has no debt relative to its total assets during this period. This implies that the company has financed its operations and growth primarily through equity or other non-debt sources. A lower debt-to-assets ratio is generally considered favorable as it suggests lower financial risk and greater financial stability. Tegna Inc's consistent 0.00 debt-to-assets ratio over these years indicates a strong financial position and effective management of its capital structure.
Peer comparison
Dec 31, 2024