Vicor Corporation (VICR)
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 | 641,118 | 594,887 | 536,901 | 477,205 | 396,239 |
| 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 ÷ $641,118K
= 0.00
The debt-to-assets ratio for Vicor Corporation 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 this period. A debt-to-assets ratio of 0.00 suggests that Vicor Corporation relies primarily on equity to fund its operations and investments, which may signify a strong financial position and lower financial risk. However, it is essential to consider other factors such as the company's industry norms and future growth plans to gain a more comprehensive understanding of its financial health and strategy.
Peer comparison
Dec 31, 2024