Corcept Therapeutics Incorporated (CORT)

Debt-to-assets 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 assets US$ in thousands 840,553 784,257 714,555 655,935 621,517 594,022 524,625 617,848 583,430 533,255 496,364 468,123 423,756 585,399 568,480 552,398 571,731 534,125 497,823 445,494
Debt-to-assets 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-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $840,553K
= 0.00

The debt-to-assets ratio of Corcept Therapeutics Incorporated has consistently remained at 0.00 over the reporting periods from March 31, 2020, to December 31, 2024. This indicates that the company has had no debt relative to its total assets during these periods. A debt-to-assets ratio of 0.00 signifies that the company is primarily financed by equity rather than debt, indicating a lower financial risk and potentially a stronger financial position. This stable ratio suggests that Corcept Therapeutics has effectively managed its debt levels and maintained a healthy balance between debt and assets in its capital structure.