Vericel Corp Ord (VCEL)
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 | 432,722 | 390,405 | 376,839 | 356,661 | 353,657 | 318,125 | 310,711 | 265,096 | 273,003 | 248,017 | 244,815 | 240,288 | 243,705 | 224,143 | 221,945 | 211,464 | 205,608 | 157,504 | 146,691 | 152,890 |
| 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 ÷ $432,722K
= 0.00
Vericel Corp Ord has consistently maintained a debt-to-assets ratio of 0.00 across all reported periods from March 31, 2020, to December 31, 2024. This indicates that the company has had no debt relative to its total assets during this timeframe. A debt-to-assets ratio of 0.00 typically suggests that the company operates without relying on borrowed funds to finance its operations and investments. This may indicate a strong financial position with a low risk of default on debt obligations. Nonetheless, it is important to consider the overall context of Vericel Corp Ord's financial structure and strategy when evaluating the significance of this ratio in assessing the company's financial health and risk profile.
Peer comparison
Dec 31, 2024