Alkermes Plc (ALKS)

Debt-to-equity ratio

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Long-term debt US$ in thousands — 285,823 286,459 287,095 287,730 288,366 289,001 289,635 290,270 290,904 291,537 292,171 292,804 293,437 294,070 294,702 272,118 272,663 273,207 273,751
Total stockholders’ equity US$ in thousands 1,464,980 1,292,110 1,284,000 1,254,760 1,202,690 1,355,580 1,280,440 1,005,580 1,043,750 1,042,850 1,082,320 1,075,390 1,112,580 1,096,170 1,097,900 1,051,160 1,066,980 1,084,360 1,061,850 1,063,020
Debt-to-equity ratio 0.00 0.22 0.22 0.23 0.24 0.21 0.23 0.29 0.28 0.28 0.27 0.27 0.26 0.27 0.27 0.28 0.26 0.25 0.26 0.26

December 31, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,464,980K
= 0.00

The debt-to-equity ratio of Alkermes Plc has shown a relatively stable trend over the past few years, fluctuating between 0.00 and 0.29. This ratio measures the company's financial leverage by comparing its total debt to its total shareholder equity.

From December 31, 2020, to June 30, 2023, the ratio remained relatively consistent around the range of 0.22 to 0.28, indicating a balanced mix of debt and equity in the company's capital structure. However, there was a slight decrease in the ratio to 0.21 as of September 30, 2023. This could suggest either a decrease in debt levels or an increase in equity, which could impact the company's financial risk and stability.

It is worth noting that the ratio dropped significantly to 0.00 as of December 31, 2024. A debt-to-equity ratio of 0.00 could indicate that the company has no debt obligations, which may impact its ability to leverage for growth opportunities but also signifies a low level of financial risk.

Overall, the debt-to-equity ratio of Alkermes Plc has shown some fluctuations but has generally remained at moderate levels, reflecting a balanced approach to financing its operations through a mix of debt and equity.