Corcept Therapeutics Incorporated (CORT)
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 | 679,589 | 638,835 | 596,243 | 547,864 | 506,705 | 461,679 | 421,614 | 529,584 | 501,842 | 473,364 | 442,326 | 407,811 | 375,806 | 540,229 | 522,675 | 510,802 | 523,338 | 489,680 | 453,698 | 409,489 |
| 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 ÷ $679,589K
= 0.00
Corcept Therapeutics Incorporated has consistently maintained a debt-to-equity ratio of 0.00 throughout the reporting periods from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt financing to fund its operations or investments, relying solely on equity financing. A debt-to-equity ratio of 0.00 signifies that the company's liabilities are virtually non-existent in relation to its equity, suggesting a strong financial position with minimal financial risk. The company's ability to operate without relying on debt indicates financial stability and potential lower default risk. Overall, the consistent 0.00 debt-to-equity ratio reflects a conservative financial strategy and a strong capital structure for Corcept Therapeutics Incorporated.
Peer comparison
Dec 31, 2024