Certara Inc (CERT)
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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,058,660K
= 0.00
The debt-to-equity ratio for Certara Inc has consistently been 0.00 for the period from March 31, 2020, to December 31, 2024. This indicates that the company has been operating without any long-term debt during this time frame and has been relying solely on equity financing to support its operations and growth. A debt-to-equity ratio of 0.00 signifies a conservative capital structure where there is no debt relative to equity. This low ratio may indicate a lower financial risk for the company as it does not have significant debt obligations to meet. It also suggests that Certara Inc may have sufficient equity to finance its operations and investments without the need for external borrowing.
Peer comparison
Dec 31, 2024