Interface Inc (TILE)

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 1,170,820 1,230,100 1,266,500 1,330,060 1,306,010
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 ÷ $1,170,820K
= 0.00

Interface Inc has consistently maintained a debt-to-assets ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its assets during this period. A debt-to-assets ratio of 0.00 suggests that Interface Inc is primarily using equity to fund its operations and investments, potentially indicating a strong financial position and low financial risk.


Peer comparison

Dec 31, 2024

Company name
Symbol
Debt-to-assets ratio
Interface Inc
TILE
0.00
Mohawk Industries Inc
MHK
0.00