Vericel Corp Ord (VCEL)
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 | 432,722 | 353,657 | 273,003 | 243,705 | 205,608 |
| 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 ÷ $432,722K
= 0.00
Based on the data provided, Vericel Corp Ord has consistently maintained a debt-to-assets ratio of 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 this period. A debt-to-assets ratio of 0.00 means that the company's total debt is negligible or non-existent in relation to its total assets, which can be perceived positively in terms of financial risk and stability. Vericel Corp Ord appears to have a strong financial position with a low level of debt relative to its assets, which may imply that the company is primarily using equity to fund its operations and growth. Investors and stakeholders may view this favorable as it suggests lower financial leverage and potential lower financial risk for the company.
Peer comparison
Dec 31, 2024