Omnicell Inc (OMCL)
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 | 1,243,310 | 1,188,950 | 1,130,140 | 1,146,690 | 967,503 |
| 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 + $1,243,310K)
= 0.00
Omnicell Inc's debt-to-capital ratio has remained consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt significantly in its capital structure during this period. A debt-to-capital ratio of 0.00 suggests that the company relies more on equity financing rather than debt financing to fund its operations and investments. This may reflect a strong financial position and lower financial risk for Omnicell Inc, as the absence of debt in the capital structure reduces interest payments and potential financial obligations. However, it's important to note that a low debt-to-capital ratio may also limit financial flexibility and the tax advantages associated with debt financing. Overall, a debt-to-capital ratio of 0.00 over the years indicates a conservative approach to capital structure management by Omnicell Inc.
Peer comparison
Dec 31, 2024