Catalyst Pharmaceuticals Inc (CPRX)

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 851,411 772,010 706,360 646,676 471,907 413,211 443,896 407,227 375,630 333,114 267,309 246,972 237,788 223,248 209,130 197,216 192,354 174,860 131,412 117,880
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 ÷ $851,411K
= 0.00

The debt-to-assets ratio of Catalyst Pharmaceuticals Inc has consistently been 0.00 across all reporting periods from March 31, 2020, to December 31, 2024. This indicates that the company has not been using debt to finance its assets during these periods. A debt-to-assets ratio of 0.00 implies that the company's assets are primarily funded by equity rather than debt, which can be seen as a positive sign in terms of financial stability and lower financial risk. It suggests that Catalyst Pharmaceuticals Inc has been managing its capital structure in a conservative manner, relying more on its own funds rather than external debt to support its operations and investments.