ICU Medical Inc (ICUI)

Debt-to-capital 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 1,965,240 2,123,410 2,089,930 1,616,030 1,502,260
Debt-to-capital ratio 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,965,240K)
= 0.00

The debt-to-capital ratio of ICU Medical Inc remained consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt financing in relation to its total capital structure over the period analyzed. A debt-to-capital ratio of 0.00 suggests that the company's operations have mainly been funded through equity, which may indicate a lower financial risk and potential for increased financial stability.