Arcus Biosciences Inc (RCUS)

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 485,000 462,000 657,000 842,000 502,000
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 + $485,000K)
= 0.00

Arcus Biosciences Inc has consistently maintained a debt-to-capital ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used debt financing to fund its operations or growth during this period. A debt-to-capital ratio of zero, in this case, implies that the company's capital structure is primarily equity-financed, which can be seen as a positive sign in terms of financial stability and risk management.