Sotera Health Co (SHC)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $404,911K
= 0.00
The debt-to-equity ratio for Sotera Health Co has been consistently at 0.00 for the period from December 31, 2020, to December 31, 2024. This indicates that the company has been using minimal debt in relation to equity to finance its operations and growth. A low debt-to-equity ratio is generally considered favorable as it suggests lower financial risk and indicates that the company is relying more on equity financing. It also implies that the company may have strong financial stability and the ability to cover its financial obligations comfortably.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-equity ratio
Sotera Health Co
SHC
0.00
DaVita HealthCare Partners Inc
DVA
0.00
Progyny Inc
PGNY
0.00