Medpace Holdings Inc (MEDP)

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 825,545 558,950 386,387 952,928 805,779
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 ÷ $825,545K
= 0.00

The debt-to-equity ratio of Medpace Holdings Inc has been consistently at 0.00 from December 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company does not have any debt on its balance sheet relative to its equity. This suggests that the company is primarily financed through equity, which could signify a strong financial position and low financial risk. However, it's important to note that a very low debt-to-equity ratio may also imply missed opportunities for leveraging debt for potential growth or expansion. Overall, the stable ratio over the years reflects a conservative approach to capital structure management by Medpace Holdings Inc.