Vicor Corporation (VICR)
Debt-to-assets ratio
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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Total assets | US$ in thousands | 594,887 | 584,135 | 560,661 | 544,255 | 536,901 | 527,102 | 513,356 | 489,349 | 477,205 | 458,830 | 446,376 | 417,621 | 396,239 | 380,119 | 372,734 | 246,725 | 240,727 | 237,910 | 230,603 | 225,004 |
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, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $594,887K
= 0.00
The debt-to-assets ratio of Vicor Corp. has consistently been at 0.00 across all quarters from Q1 2022 to Q4 2023. This indicates that the company has not used any debt or borrowed funds to finance its assets during this period. A debt-to-assets ratio of 0.00 suggests that the company is not relying on leverage to fund its operations and is primarily using equity to finance its assets. This can be a positive sign for investors and creditors, as it indicates a lower level of financial risk and a strong financial position. However, it's important to consider the overall financial health and performance of the company in conjunction with the debt-to-assets ratio to get a complete picture of its financial stability.
Peer comparison
Dec 31, 2023