Schrodinger Inc (SDGR)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 823,226 | 802,955 | 688,587 | 756,487 | 746,263 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $823,226K
= 0.00
The debt-to-assets ratio for Schrodinger Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt financing to acquire assets during this period. A debt-to-assets ratio of 0.00 suggests that the company's assets are entirely funded by equity, which may signify a strong financial position with lower financial risk as there is no debt obligation to be serviced. However, it's important to note that a low debt-to-assets ratio could also imply missed opportunities for leveraging debt to potentially enhance returns on equity. Overall, the stable and low debt-to-assets ratio of Schrodinger Inc may reflect a conservative capital structure strategy focused on financial stability and independence.
Peer comparison
Dec 31, 2024