Sonendo Debt-to-Assets Ratio Growth & History (SONX)

Sonendo's debt-to-assets ratio was 0.57 for fiscal 2024.

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Sonendo annual debt-to-assets ratio history

Sonendo annual debt-to-assets ratio

Fiscal yearPeriod endedDebt-to-assets ratioChangeGrowth
20242024-12-310.570.05+10.57%
20232023-12-310.520.23+80.93%
20222022-12-310.290.03+12.38%
20212021-12-310.25−0.16−39.16%
20202020-12-310.42

Sonendo debt-to-assets ratio trends

Between the periods ended 2020-12-31 and 2024-12-31, Sonendo's debt-to-assets ratio increased from 0.42 to 0.57, a change of 0.15. The latest reported quarter, Q4 2024, shows 0.57.

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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