Schrodinger Inc (SDGR)

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 421,445 449,425 473,980 513,706 548,558 563,581 611,225 590,260 447,894 463,110 493,058 530,667 557,071 579,806 605,751 631,768 624,015 630,878 296,120 295,517
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 + $421,445K)
= 0.00

The debt-to-capital ratio of Schrodinger Inc has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This suggests that the company has not utilized any debt to finance its operations during this period. A debt-to-capital ratio of 0.00 indicates that the company's capital structure is primarily equity-financed, which may be viewed positively by investors and creditors as it implies lower financial risk and potentially lower interest expenses. It also signifies a strong financial position and ability to sustain operations without relying on borrowed funds. However, it's important to note that a low debt-to-capital ratio may limit the company's ability to leverage financial leverage for potential growth opportunities.