Sotera Health Co (SHC)
Debt-to-assets 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 assets | US$ in thousands | 3,071,650 | 3,148,740 | 3,057,820 | 3,059,690 | 3,130,420 | 3,036,570 | 3,074,870 | 3,414,170 | 3,117,700 | 2,810,630 | 2,839,680 | 2,835,770 | 2,789,500 | 2,742,740 | 2,851,130 | 2,777,000 | 2,761,280 | 2,700,000 | 2,558,980 | — |
| Debt-to-assets 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 | — |
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 been consistently at 0.00 from March 2020 to December 2024. This indicates that the company has not utilized debt financing to fund its operations or acquire assets during this period. A debt-to-assets ratio of 0.00 suggests that the company's assets are primarily financed by equity rather than debt. An increasing debt-to-assets ratio may indicate a higher level of financial risk, while a decreasing ratio may reflect a more conservative financial structure. In this case, with a stable ratio of 0.00, Sotera Health Co appears to have a low level of debt relative to its total assets, which can be viewed as a positive indicator of financial stability and low financial risk.
Peer comparison
Dec 31, 2024