Artivion Inc (AORT)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 276,200 | 281,780 | 284,329 | 300,728 | 328,713 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $276,200K)
= 0.00
The debt-to-capital ratio of Artivion Inc remained consistent at 0.00 from December 31, 2020, to December 31, 2024. A debt-to-capital ratio of 0.00 indicates that the company has no debt in its capital structure, or the amount of debt is negligible compared to total capital. This suggests that Artivion Inc has been financing its operations primarily through equity rather than debt during the analyzed period. A low or zero debt-to-capital ratio can signify less financial risk and greater financial stability, as the company is not heavily reliant on borrowing to fund its operations or expansion. However, it is important to consider that a very low debt level might also mean missed opportunities for leveraging debt for potential growth or tax benefits.
Peer comparison
Dec 31, 2024