Simulations Plus Inc (SLP)
Debt-to-capital ratio
| Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 182,431 | 180,859 | 177,038 | 172,341 | 170,029 | 169,390 | 164,593 | 180,122 | 178,248 | 177,559 | 172,576 | 168,456 | 165,782 | 165,398 | 161,497 | 158,031 | 156,035 | 46,587 | 40,862 | 39,187 |
| 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 | 0.00 | 0.00 | 0.00 |
August 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $182,431K)
= 0.00
The debt-to-capital ratio of Simulations Plus Inc has consistently been reported as 0.00% across multiple periods, indicating that the company has not utilized any debt to finance its operations relative to its capital structure. This suggests that Simulations Plus Inc has been primarily relying on equity financing for its business activities. A debt-to-capital ratio of 0.00% typically reflects a low level of financial risk and may indicate a strong financial position with minimal debt obligations. Investors and analysts may view this as a positive sign of financial stability and solvency for the company.
Peer comparison
Aug 31, 2024