TripAdvisor Inc (TRIP)
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 | 2,561,000 | 2,537,000 | 2,569,000 | 2,289,000 | 1,969,000 |
| 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 ÷ $2,561,000K
= 0.00
Based on the provided data, TripAdvisor Inc's debt-to-assets ratio has remained at 0.00 over the five-year period from December 31, 2020, to December 31, 2024. This indicates that the company does not have any debt relative to its total assets during this period. A debt-to-assets ratio of 0.00 signifies that the company is entirely financed by equity rather than debt, which can imply a lower financial risk and less financial leverage. However, while a low debt-to-assets ratio can indicate financial stability, it is essential to consider other factors such as operating performance, profitability, and future growth prospects to gain a comprehensive understanding of the company's financial health.
Peer comparison
Dec 31, 2024