Sotera Health Co (SHC)
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 | 3,071,650 | 3,130,420 | 3,117,700 | 2,789,500 | 2,761,280 |
| 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 ÷ $3,071,650K
= 0.00
The debt-to-assets ratio of Sotera Health Co has consistently remained at 0.00% from December 31, 2020, to December 31, 2024. This indicates that the company has been financing its assets entirely through equity rather than debt during this period. A debt-to-assets ratio of 0.00% signifies a strong financial position with no debt obligations in relation to the company's total assets. Sotera Health Co's low debt-to-assets ratio suggests a conservative approach to debt management, potentially lowering the company's financial risk and enhancing its stability in the long term.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-assets ratio
Sotera Health Co
SHC
0.00
DaVita HealthCare Partners Inc
DVA
0.00
Progyny Inc
PGNY
0.00