ICU Medical Inc (ICUI)

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

December 31, 2024 calculation

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

The debt-to-equity ratio for ICU Medical Inc has remained consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any long-term debt to finance its operations during this period. A debt-to-equity ratio of 0.00 suggests that the company's operations are primarily funded through equity rather than debt, which can be viewed positively as it indicates lower financial risk and potential for stable financial performance. It also implies that the company may have a strong financial position and may not be heavily reliant on borrowing to sustain its business activities.