Sotera Health Co (SHC)
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 | 404,911 | 443,734 | 350,238 | 586,096 | 454,574 |
| 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 + $404,911K)
= 0.00
The debt-to-capital ratio for Sotera Health Co, as calculated based on the provided data, has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt as a source of capital during this period. In other words, the company has financed its operations and investments solely through equity. A debt-to-capital ratio of 0.00 is generally seen as a positive indicator, as it suggests lower financial risk and financial leverage for the company. It shows that Sotera Health Co has a conservative capital structure with no significant reliance on debt financing.
Peer comparison
Dec 31, 2024