Dentsply Sirona Inc (XRAY)
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 | 5,753,000 | 7,370,000 | 7,643,000 | 9,220,000 | 9,342,000 |
| 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 ÷ $5,753,000K
= 0.00
The debt-to-assets ratio for Dentsply Sirona Inc has remained at 0.00 for the years 2020 to 2024. This indicates that the company's total debt is either very low or non-existent in relation to its total assets during these years. A debt-to-assets ratio of 0.00 implies that the company has sufficient assets to cover all of its debts, which is generally considered a favorable position as it signifies lower financial risk and a stronger financial position. However, it is essential to consider other factors such as the nature of the company's industry, operating cash flows, and future investment plans to get a more holistic view of its financial health.
Peer comparison
Dec 31, 2024