Verisk Analytics Inc (VRSK)
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 | ||
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Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Total assets | US$ in thousands | 1,362,100 | 4,563,200 | 4,767,900 | 4,498,600 | 4,366,100 | 4,363,900 | 4,315,700 | 4,190,000 | 6,961,100 | 6,974,600 | 7,508,900 | 8,159,000 | 7,808,100 | 7,662,500 | 7,713,600 | 7,810,500 | 7,561,800 | 7,219,600 | 7,007,900 | 6,928,100 |
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 ÷ $1,362,100K
= 0.00
Verisk Analytics Inc has consistently maintained a debt-to-assets ratio of 0.00 over the past several quarters, indicating that the company has no debt relative to its total assets. This suggests that Verisk Analytics relies more on equity financing rather than debt financing to fund its operations and investments. A low or zero debt-to-assets ratio is generally considered favorable as it demonstrates financial strength, stability, and a lower risk of default. Investors and creditors may view the company positively due to its ability to manage its debt levels effectively and maintain a healthy balance sheet. However, it is important to note that the absence of debt may also indicate missed opportunities for leveraging financial resources for potential growth and expansion. Overall, Verisk Analytics Inc's consistent zero debt-to-assets ratio reflects a prudent financial strategy and a strong financial position.
Peer comparison
Dec 31, 2024