Certara Inc (CERT)

Debt-to-capital 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
Total stockholders’ equity US$ in thousands 1,058,660 1,053,400 1,043,400 1,054,360 1,046,840 1,051,750 1,097,170 1,085,060 1,079,660 1,054,400 1,048,380 1,048,400 1,041,850 971,320 834,510 827,267 822,132 497,538 492,190 492,048
Debt-to-capital ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 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 + $1,058,660K)
= 0.00

The debt-to-capital ratio for Certara Inc has consistently remained at 0.00% across the reported periods from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt financing as a significant portion of its capital structure. A debt-to-capital ratio of 0.00% suggests that the company's capital is primarily sourced from equity rather than debt, reflecting a conservative approach to financial leverage. It indicates that Certara Inc has a strong financial position with minimal financial risk associated with debt obligations in relation to its overall capitalization.