Quidel Corporation (QDEL)
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 | 3,009,500 | 3,186,700 | 3,173,500 | 3,307,700 | 5,005,900 | 4,966,700 | 5,002,500 | 4,996,500 | 4,934,600 | 4,795,300 | 4,919,600 | 2,414,920 | 1,929,360 | 1,634,070 | 1,411,080 | 1,489,710 | 1,332,700 | 849,247 | 611,709 | 605,199 |
| 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 + $3,009,500K)
= 0.00
The debt-to-capital ratio of Quidel Corporation remained consistently at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company did not have any debt in its capital structure during this period. A debt-to-capital ratio of 0.00 implies that the company financed its operations and investments solely through equity and retained earnings, without relying on external debt financing. This can be seen as a positive indicator of financial stability and a lower financial risk for the company, as it does not have debt obligations to repay.
Peer comparison
Dec 31, 2024