Schrodinger Inc (SDGR)
Debt-to-capital 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 | 421,445 | 548,558 | 447,894 | 557,071 | 624,015 |
| Debt-to-capital ratio | 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 + $421,445K)
= 0.00
Based on the provided data, Schrodinger Inc has consistently maintained a debt-to-capital ratio of 0.00 from December 31, 2020, through December 31, 2024. A debt-to-capital ratio of 0.00 indicates that the company has not utilized debt to finance its operations and investments, relying solely on equity capital. This suggests that the company has a conservative financial structure with no significant financial risk associated with debt obligations. However, it is important to note that a very low debt-to-capital ratio may also imply limited leverage and potential missed opportunities for capitalizing on favorable debt financing terms for growth or expansion.
Peer comparison
Dec 31, 2024