Cytokinetics Inc (CYTK)

Debt-to-equity ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands -135,372 -386,323 -107,900 243,863 113,383
Debt-to-equity ratio 0.00 0.00

December 31, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $-135,372K
= —

The debt-to-equity ratio for Cytokinetics Inc shows a consistent trend of 0.00 from December 31, 2020, to December 31, 2021, indicating that the company has not utilized debt to finance its operations relative to its equity during these periods. The data further reveals that there is no specific debt or equity information available for the subsequent years (December 31, 2022, 2023, and 2024), represented by "—". Without additional data for these years, it is difficult to assess the company's leverage position or its capital structure beyond 2021. Overall, the stable 0.00 ratio in the earlier years suggests that the company may have been relying more on equity financing or maintaining a conservative debt strategy.


See also:

Cytokinetics Inc Debt to Equity