Stepan Company (SCL)
Debt-to-equity 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 | 1,169,930 | 1,216,490 | 1,166,060 | 1,074,190 | 986,693 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,169,930K
= 0.00
Based on the data provided, Stepan Company's debt-to-equity ratio has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt or very minimal debt in relation to its equity. This implies that Stepan Company has been primarily funded by equity rather than external borrowings during the period analyzed. Such a low or zero debt-to-equity ratio can signal sound financial health and stability, as the company may have lower interest expenses and financial risks associated with debt. However, it's essential to consider other financial metrics and factors, such as profitability, liquidity, and growth opportunities, to gain a comprehensive understanding of Stepan Company's overall financial performance and position.
Peer comparison
Dec 31, 2024