NCR Voyix Corporation (VYX)
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 | 4,452,000 | 4,990,000 | 11,507,000 | 11,641,000 | 8,414,000 |
| 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 ÷ $4,452,000K
= 0.00
The debt-to-assets ratio of NCR Voyix Corporation has been consistently 0.00 for the years 2020, 2021, 2022, 2023, and 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 signifies that the company's assets are completely financed by equity, implying a lower financial risk and potentially stronger financial stability. It suggests that the company may have a strong capital structure and may not be relying on borrowing to support its operations and investments. This consistent ratio over the years showcases a prudent financial management strategy that prioritizes a minimal debt burden on the company's balance sheet.