Marriot Vacations Worldwide (VAC)
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 | 9,808,000 | 9,680,000 | 9,639,000 | 9,613,000 | 8,898,000 |
| 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 ÷ $9,808,000K
= 0.00
The debt-to-assets ratio for Marriot Vacations Worldwide has consistently remained at 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 the specified period, suggesting a strong financial position and low financial risk. A debt-to-assets ratio of 0.00 signifies that the company's total assets are completely financed by equity, which could indicate conservative financial management or access to alternative sources of funding. It also implies that the company may have a higher capacity to withstand economic downturns or unexpected financial challenges due to lower debt obligations.