Tyson Foods Inc (TSN)

Debt-to-assets ratio

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Long-term debt US$ in thousands
Total assets US$ in thousands 36,746,000 36,251,000 36,761,000 36,796,000 36,678,000 36,821,000 36,245,000 35,898,000 36,824,000 36,309,000 35,663,000 34,474,000 35,458,000 34,456,000 34,323,000 33,657,000 33,564,000 32,918,000 33,665,000 32,305,000
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, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $36,746,000K
= 0.00

Based on the data provided, Tyson Foods Inc has consistently maintained a debt-to-assets ratio of 0.00 across all the periods listed. This indicates that the company has not utilized debt to finance its operations and investments, and instead relies on its equity or other sources of funds. A debt-to-assets ratio of 0.00 signifies that the company's total liabilities are effectively non-existent in relation to its total assets, reflecting a strong financial position with minimal financial risk associated with debt obligations. It suggests that Tyson Foods Inc has either paid off its debt entirely or operates with a capital structure that is predominantly equity-financed. This stable and low debt-to-assets ratio may indicate conservative financial management and a focus on maintaining a strong balance sheet.


Peer comparison

Dec 31, 2023

Company name
Symbol
Debt-to-assets ratio
Tyson Foods Inc
TSN
0.00
Pilgrims Pride Corp
PPC
0.00