STERIS plc (STE)
Debt-to-equity 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-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 | 0.00 | 0.00 | 0.00 |
March 31, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $6,615,760K
= 0.00
The debt-to-equity ratios for STERIS plc over the past few years have consistently been reported as 0.00. This indicates that the company has not had any long-term debt relative to its equity during this period. A debt-to-equity ratio of 0.00 suggests that STERIS plc has been financing its operations primarily through equity rather than debt, which can be viewed positively as it implies lower financial risk and potential interest expenses. However, it is important to note that a debt-to-equity ratio of 0.00 may also indicate that the company has no leverage, which could limit its growth opportunities or potentially signal underutilization of debt financing. Further analysis of the company's capital structure and overall financial health would be necessary to fully assess the implications of this consistently low debt-to-equity ratio.
Peer comparison
Mar 31, 2025