Roivant Sciences Ltd (ROIV)

Debt-to-capital ratio

Mar 31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Mar 31, 2021
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 4,687,600 5,968,580 1,157,770 1,656,940 1,797,790
Debt-to-capital ratio 0.00 0.00 0.00 0.00 0.00

March 31, 2025 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $4,687,600K)
= 0.00

The debt-to-capital ratio of Roivant Sciences Ltd has been consistently at 0.00 from March 31, 2021, to March 31, 2024, indicating that the company has been funding its operations mainly through equity rather than debt during these years. As of March 31, 2025, the ratio is not available, denoted by an em dash, possibly implying a change in the financial structure that requires further investigation to determine the impact on the company's leverage position. The stable low debt-to-capital ratio indicates a conservative approach to financing, which may reflect positively on the company's financial health and risk management strategies.