Sotera Health Co (SHC)
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 | 404,911 | 470,163 | 422,764 | 429,392 | 443,734 | 377,471 | 418,367 | 361,125 | 350,238 | 606,729 | 636,000 | 642,130 | 586,096 | 525,769 | 523,271 | 465,744 | 454,574 | -663,858 | -683,704 | -627,507 |
| 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 | — | — | — |
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 of Sotera Health Co has shown a consistent and significant improvement over the past few years, declining from non-available data in March 2020 to 0.00 as of December 2024. This indicates that the company has reduced its reliance on debt in its capital structure and has successfully funded its operations and growth primarily through equity financing. A debt-to-capital ratio of 0.00 signifies that the company's total debt is negligible compared to its total capital, reflecting a strong financial position and lower financial risk. Overall, the downward trend in the debt-to-capital ratio suggests that Sotera Health Co has effectively managed its debt levels and maintained a healthy balance between debt and equity in its capital structure.
Peer comparison
Dec 31, 2024