Marriot Vacations Worldwide (VAC)
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 | 9,808,000 | 9,740,000 | 9,611,000 | 9,867,000 | 9,680,000 | 9,453,000 | 9,482,000 | 9,602,000 | 9,639,000 | 9,237,000 | 9,340,000 | 9,503,000 | 9,613,000 | 9,543,000 | 10,414,000 | 9,187,000 | 8,898,000 | 9,011,000 | 9,117,000 | 9,432,000 |
| 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, 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 March 31, 2020, to December 31, 2024. A debt-to-assets ratio of 0.00 indicates that the company has zero debt relative to its total assets. This low ratio suggests that Marriot Vacations Worldwide primarily funds its operations through equity rather than debt financing. A consistent 0.00 ratio over multiple periods may indicate a strong financial position, as the company does not have significant debt obligations that could impact its operations or financial stability. However, it's also important to consider that a very low debt-to-assets ratio might limit the company's ability to benefit from the tax advantages and potential leverage that come with utilizing debt in a strategic manner.