Schrodinger Inc (SDGR)
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 | 421,445 | 548,558 | 447,894 | 557,071 | 624,015 |
| 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 ÷ $421,445K
= 0.00
Schrodinger Inc has maintained a debt-to-equity ratio of 0.00 consistently from December 31, 2020, to December 31, 2024. This signifies that the company's total debt is minimal or non-existent in relation to its equity during the period under review. A debt-to-equity ratio of 0.00 indicates that the company relies primarily on equity to finance its operations rather than taking on debt. This can be seen as a positive factor as it suggests lower financial risk and a strong financial position. Furthermore, the consistent 0.00 ratio over multiple years demonstrates stability in the company's capital structure and financial leverage approach.
Peer comparison
Dec 31, 2024