Catalent Inc (CTLT)

Debt-to-capital ratio

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 Dec 31, 2019
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 3,542,000 3,604,000 3,611,000 3,687,000 3,841,000 4,611,000 4,703,000 4,892,000 4,680,000 4,775,000 4,632,000 4,481,000 4,021,000 3,915,000 3,713,200 3,455,500 3,072,100 2,899,000 2,187,700 1,716,100
Debt-to-capital 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

September 30, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $3,542,000K)
= 0.00

The debt-to-capital ratio of Catalent Inc has consistently remained at 0.00 for the periods indicated. This indicates that the company has not utilized debt as a significant portion of its capital structure relative to shareholders' equity. A debt-to-capital ratio of 0.00 signifies that the company has either zero debt or an insignificant amount of debt in comparison to its total capital. This may suggest that Catalent Inc has been relying more on equity financing rather than debt financing to support its operations and growth. It also indicates a relatively low level of financial risk associated with debt obligations. Continued monitoring of this ratio over time can provide insights into the company's financing strategy and risk management approach.


Peer comparison

Sep 30, 2024