Schrodinger Inc (SDGR)
Debt-to-assets ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — |
| Total assets | US$ in thousands | 802,955 | 688,587 | 756,487 | 746,263 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $802,955K
= 0.00
The debt-to-assets ratio of Schrodinger Inc has consistently been 0.00 for the past five years, spanning from 2019 to 2023. This indicates that the company has financed its assets entirely through equity rather than debt during this period. A debt-to-assets ratio of 0.00 suggests that the company has minimal financial risk associated with debt obligations and is not relying on borrowed funds to fund its operations or growth. It signifies a conservative financial approach and a strong financial position in terms of leveraging external debt. This stability in the debt-to-assets ratio over the years reflects a consistent and sustainable capital structure strategy maintained by Schrodinger Inc.
Peer comparison
Dec 31, 2023