STERIS plc (STE)
Debt-to-capital ratio
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 6,615,760 | 6,416,100 | 6,593,490 | 6,354,600 | 6,302,160 | 6,415,400 | 6,189,170 | 6,178,370 | 6,087,170 | 6,048,520 | 5,802,060 | 6,419,130 | 6,544,640 | 6,623,670 | 6,544,930 | 6,574,580 | 3,891,470 | 3,878,190 | 3,662,460 | 3,489,710 |
| 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 |
March 31, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $6,615,760K)
= 0.00
The debt-to-capital ratio for STERIS plc has consistently remained at 0.00 from June 30, 2020, to March 31, 2025. This indicates that the company has not utilized debt significantly in its capital structure relative to its equity. A debt-to-capital ratio of 0.00 implies that the company's capital structure is primarily equity-financed, which may suggest a lower financial risk as there is no significant debt burden. STERIS plc's consistent 0.00 debt-to-capital ratio over this period reflects a conservative approach to financing, potentially indicating a strong financial position and stability.
Peer comparison
Mar 31, 2025