Stepan Company (SCL)
Debt-to-assets 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 assets | US$ in thousands | 2,304,650 | 2,413,790 | 2,348,590 | 2,373,150 | 2,363,350 | 2,333,530 | 2,430,820 | 2,445,940 | 2,433,170 | 2,336,770 | 2,288,800 | 2,272,600 | 2,065,610 | 1,955,940 | 1,887,300 | 1,827,940 | 1,752,340 | 1,617,650 | 1,543,410 | 1,506,300 |
| Debt-to-assets 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-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,304,650K
= 0.00
The debt-to-assets ratio of Stepan Company has consistently remained at 0.00 throughout the reported periods from March 31, 2020, to December 31, 2024. This indicates that the company has not had any debt in relation to its assets during these periods. A debt-to-assets ratio of 0.00 typically suggests that the company has been primarily using equity financing rather than debt financing to support its operations and investments. It implies a relatively lower financial risk as the company is not relying on borrowed money to fund its operations. However, it is important to note that a debt-to-assets ratio of 0.00 can also indicate that the company may be underleveraged, potentially missing out on opportunities for growth and expansion that could be financed through debt. Overall, having a consistent debt-to-assets ratio of 0.00 may be viewed positively in terms of financial stability and risk management, but it could also imply a more conservative financial approach.
Peer comparison
Dec 31, 2024