ICU Medical Inc (ICUI)

Debt-to-capital ratio

Dec 31, 2024 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
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 1,965,240 2,048,590 2,037,810 2,067,830 2,123,410 2,098,360 2,114,820 2,100,400 2,089,930 2,012,800 2,085,870 2,178,900 1,616,030 1,589,970 1,557,260 1,520,770 1,502,260 1,452,220 1,411,800 1,375,890
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

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 has consistently displayed a value of 0.00 across multiple reporting periods from March 31, 2020 to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations and investments, resulting in a capital structure primarily reliant on equity rather than external borrowings. A debt-to-capital ratio of 0.00 signifies that the company's capital is entirely sourced from equity, reflecting a low financial risk and strong solvency position. This stable and minimal level of debt in relation to total capital suggests a conservative financial strategy and a robust financial position for ICU Medical Inc over the analyzed timeframe.