Passat annual debt-to-assets ratio
2020
2021
2022
2023
2024
Passat Debt-to-Assets Ratio Growth & History (PSAT)
Passat's debt-to-assets ratio was 0.13 for fiscal 2024.
View full Passat company overviewPassat annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-31 | 0.13 | 0.01 | +10.57% |
| 2023 | 2023-12-31 | 0.12 | 0.03 | +35.19% |
| 2022 | 2022-12-31 | 0.09 | 0.07 | +427.64% |
| 2021 | 2021-12-31 | 0.02 | −0.01 | −35.09% |
| 2020 | 2020-12-31 | 0.03 | — | — |
Passat debt-to-assets ratio trends
Between the periods ended 2020-12-31 and 2024-12-31, Passat's debt-to-assets ratio increased from 0.03 to 0.13, a change of 0.10.
About the metric
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
Calculation and source
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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