Viatris Inc (VTRS)
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 | 41,500,900 | 44,754,100 | 45,330,000 | 47,343,700 | 47,685,500 | 48,742,600 | 48,695,200 | 49,290,200 | 50,022,200 | 48,662,600 | 51,125,100 | 53,466,900 | 54,842,800 | 56,070,400 | 57,984,100 | 58,979,200 | 61,553,000 | 31,243,100 | 30,155,400 | 30,145,900 |
| 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 ÷ $41,500,900K
= 0.00
Viatris Inc's debt-to-assets ratio has consistently remained at 0.00 throughout the periods from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt as a source of financing relative to its total assets during this time frame. A debt-to-assets ratio of 0.00 typically suggests that the company's assets are primarily funded through equity and retained earnings rather than through borrowed funds. This may indicate a relatively low financial risk as the company is not heavily reliant on debt to support its operations and future growth. However, it is also essential to consider other financial metrics and factors to gain a comprehensive understanding of Viatris Inc's overall financial health and performance.
Peer comparison
Dec 31, 2024