USANA Health Sciences Inc (USNA)
Debt-to-assets ratio
| 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 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 748,193 | 671,308 | 631,419 | 629,275 | 632,757 | 601,148 | 602,680 | 605,533 | 596,549 | 556,063 | 557,959 | 572,919 | 577,740 | 578,946 | 591,449 | 584,512 | 640,887 | 577,532 | 512,151 | 473,750 |
| 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, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $748,193K
= 0.00
The debt-to-assets ratio for USANA Health Sciences Inc has consistently been at 0.00 for the period spanning from March 31, 2020, to December 31, 2024. This indicates that the company has not had any debt on its balance sheet during this time period in relation to its total assets. A debt-to-assets ratio of 0.00 implies that the company has not used any debt financing to fund its operations and investments, relying solely on equity financing instead. On one hand, a low or zero debt-to-assets ratio can signify financial stability and lower financial risk, as the company is not burdened by interest payments or principal repayments. On the other hand, it may also suggest missed opportunities for leveraging debt to potentially enhance returns for shareholders. Overall, the consistent 0.00 debt-to-assets ratio for USANA Health Sciences Inc reflects a cautious financial strategy of limiting debt exposure.