Repligen Corporation (RGEN)
Solvency ratios
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financial leverage ratio | 1.43 | 1.43 | 6.35 | 1.35 | 28.93 |
Repligen Corporation has consistently maintained a strong solvency position, as indicated by its low debt-to-assets, debt-to-capital, and debt-to-equity ratios, all recorded at 0.00 from 2020 to 2024. This signifies that the company's assets, capital, and equity are not significantly financed by debt, which reduces the financial risk associated with excessive leverage.
Additionally, the financial leverage ratio, which measures the extent to which a company is utilizing debt in relation to its equity, fluctuated over the years but generally remained at reasonable levels. The ratio was highest in 2020 at 28.93 but decreased significantly in the following years, indicating a more conservative debt utilization strategy by the company.
Overall, Repligen Corporation's solvency ratios reflect a prudent approach to managing its debt levels, maintaining a healthy balance between debt and equity to support its financial stability and long-term sustainability.
Coverage ratios
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Interest coverage | 2.17 | 5.61 | 168.62 | 13.62 | 6.14 |
Based on the data provided, the interest coverage ratio of Repligen Corporation has shown significant fluctuations over the years. In December 31, 2020, the interest coverage ratio was 6.14, indicating that the company generated 6.14 times the amount needed to cover its interest expense.
By December 31, 2021, the ratio improved significantly to 13.62, showing a stronger ability to meet its interest obligations. The following year, by December 31, 2022, the interest coverage ratio surged to 168.62, reflecting a substantial increase in the company's ability to cover its interest expenses.
However, in December 31, 2023, the interest coverage ratio decreased to 5.61, suggesting a potential strain on the company's ability to service its debt. Furthermore, by December 31, 2024, the ratio dropped even further to 2.17, indicating a significant decrease in the company's ability to cover its interest payments.
Overall, the fluctuating trend in the interest coverage ratio of Repligen Corporation highlights the importance of closely monitoring the company's financial health and debt management practices to ensure sustainable performance in the long term.