Sotera Health Co (SHC)
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 | 404,911 | 443,734 | 350,238 | 586,096 | 454,574 |
| 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 ÷ $404,911K
= 0.00
The debt-to-equity ratio of Sotera Health Co has been consistently reported as 0.00 over the past five years from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations and has relied solely on equity funding during this period. A debt-to-equity ratio of 0.00 signifies that the company's financial structure is primarily equity-based, reflecting a lower financial risk and minimal reliance on external borrowing for its capital needs. However, it is essential to consider other financial metrics and factors to have a comprehensive understanding of Sotera Health Co's overall financial health and performance.
Peer comparison
Dec 31, 2024