Catalent Inc (CTLT)

Debt-to-assets ratio

		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	Dec 31, 2019	Sep 30, 2019
Long-term debt	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total assets	US$ in thousands	9,753,000	9,879,000	9,988,000	10,023,000	10,777,000	10,830,000	11,148,000	10,206,000	10,508,000	10,322,000	10,203,000	10,183,000	9,112,000	8,769,100	8,198,100	7,984,200	7,777,000	7,079,600	6,195,300	6,119,500
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

June 30, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $9,753,000K
= 0.00

The debt-to-assets ratio for Catalent Inc has consistently been reported as 0.00 for the periods indicated in the table. This implies that the company has not had any debt in relation to its assets over the specified time frame. A debt-to-assets ratio of 0.00 typically suggests that the company is not relying on debt to finance its operations and that it has a strong financial position with a low risk of financial distress due to debt obligations. It indicates that all assets are funded through equity or other non-debt sources, which can be viewed positively by investors and creditors.