Certara Inc (CERT)
Debt-to-equity 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 | 1,058,660 | 1,046,840 | 1,079,660 | 1,041,850 | 822,132 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,058,660K
= 0.00
Certara Inc has consistently maintained a debt-to-equity ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations during this period and relies solely on equity for funding. A debt-to-equity ratio of 0.00 is considered favorable as it suggests lower financial risk and a potentially strong financial position. This stable and low debt-to-equity ratio may indicate that Certara Inc is effectively managing its capital structure and has sufficient equity to support its business activities without relying on external debt financing.
Peer comparison
Dec 31, 2024