Sterling Construction Company Inc (STRL)

Debt-to-assets 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 assets US$ in thousands 2,034,540 2,016,770 2,023,580 1,964,550 1,817,500 1,777,180 1,723,800 1,567,360 1,431,130 1,441,620 1,503,330 1,353,530 1,242,730 1,231,000 1,064,320 1,027,190 947,216 952,694 1,022,510 1,017,510
Debt-to-assets 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-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,034,540K
= 0.00

The analysis of Sterling Construction Company Inc.'s debt-to-assets ratio over the reported periods indicates a consistent value of zero. Across all dates from June 30, 2020, through March 31, 2025, the ratio remained at 0.00. This suggests that the company has not reported any debts relative to its total assets during this time frame, which could imply an entirely equity-financed capital structure or a lack of recorded liabilities. Such a pattern is atypical for most operating companies and warrants further examination to confirm the accuracy of financial reporting and to understand the company's financing strategies.


Peer comparison

Mar 31, 2025

Company name
Symbol
Debt-to-assets ratio
Sterling Construction Company Inc
STRL
0.00
Fluor Corporation
FLR
0.00
Granite Construction Incorporated
GVA
0.00
Jacobs Solutions Inc.
J
0.11
KBR Inc
KBR
0.38