Catalent Inc (CTLT)

Debt-to-capital 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 stockholders’ equity US$ in thousands 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 1,649,300
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

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 for Catalent Inc has consistently been reported as 0.00 across all the periods provided in the table. This indicates that the company has not used any debt to finance its operations relative to its capital during these periods.

A debt-to-capital ratio of 0.00 may suggest that Catalent Inc has been relying solely on equity financing to fund its operations and growth, and has not taken on any debt obligations. It could imply a conservative capital structure and a lower financial risk for the company, as there is no debt to repay or interest payments to make.

However, it is important to note that a debt-to-capital ratio of 0.00 might also indicate that the company has a small amount of debt compared to its total capital, which rounds down to zero when expressed in ratio form. Further analysis of the individual components of capital and debt, as well as considering industry benchmarks and company strategy, would provide a more comprehensive understanding of Catalent Inc's financial leverage and risk profile.


Peer comparison

Jun 30, 2024