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