Xpel Inc (XPEL)

The debt-to-assets ratio for Xpel Inc has consistently been reported as 0.00 for the years from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its assets over this period. A debt-to-assets ratio of 0.00 suggests that the company's assets are entirely funded by equity, implying a low financial risk as there is no debt obligation to repay. It also indicates a strong financial position and stability, as the absence of debt can provide more flexibility and reduce the company's interest expenses, allowing it to retain more earnings for reinvestment or other purposes. However, it is important to consider that while a low debt-to-assets ratio can be favorable, it may also indicate underutilization of leverage that could potentially enhance returns. Overall, the consistent 0.00 debt-to-assets ratio for Xpel Inc reflects a conservative capital structure and financial strategy.