Stepan Company (SCL)
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 | 1,169,930 | 1,219,360 | 1,192,440 | 1,214,520 | 1,216,490 | 1,202,770 | 1,215,100 | 1,189,910 | 1,166,060 | 1,130,240 | 1,125,710 | 1,116,740 | 1,074,190 | 1,057,300 | 1,048,800 | 1,002,280 | 986,693 | 938,193 | 897,429 | 866,778 |
| 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 + $1,169,930K)
= 0.00
Stepan Company's debt-to-capital ratio has remained stable at 0.00 over the past few years, according to the provided data. This indicates that the company has not been heavily reliant on debt as a source of its capital structure. A debt-to-capital ratio of 0.00 suggests that the company has either no debt or that its debt levels are negligible compared to its total capital.
From an investor or creditor perspective, a low or zero debt-to-capital ratio can be seen as a positive sign as it implies a lower financial risk due to less dependence on borrowed funds. Stepan Company's consistent zero debt-to-capital ratio may indicate a conservative financial management approach where the company has been able to fund its operations and investments without taking on significant debt.
It is important to note that while a low debt-to-capital ratio may indicate financial stability, it could also mean missed opportunities for leveraging debt for potential growth or tax benefits. However, without additional context or information on the company's overall financial health and strategy, it is difficult to draw further conclusions about the implications of Stepan Company's debt-to-capital ratio.
Peer comparison
Dec 31, 2024