Catalent Inc (CTLT)
Debt-to-capital ratio
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 3,604,000 | 4,611,000 | 4,775,000 | 3,915,000 | 2,899,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
June 30, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $3,604,000K)
= 0.00
The debt-to-capital ratio of Catalent Inc has been consistently at 0.00 for the past five years, indicating that the company has not utilized any debt in its capital structure during this period. A debt-to-capital ratio of 0.00 means that the company's total debt is zero relative to its total capital (debt + equity), suggesting a conservative financial strategy focused on avoiding debt-based financing. This signifies a low level of financial risk associated with debt repayments and interest expenses, reflecting positively on the company's financial stability and ability to generate capital from equity sources or internal funds.
Peer comparison
Jun 30, 2024