Sterling Construction Company Inc (STRL)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 808,081 | 618,913 | 474,599 | 358,767 | 267,270 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $808,081K)
= 0.00
The debt-to-capital ratio of Sterling Construction Company Inc. has been recorded at 0.00 for each of the fiscal years ending December 31, 2020, through December 31, 2024. This consistent measurement indicates that the company has maintained a debt-free capital structure throughout this period, with no reported long-term or short-term debt relative to its total capital. The persistent zero value suggests that the company relies solely on equity financing and does not utilize debt as part of its financial leverage strategy during these years. Such a capital structure implies a low financial risk profile, as the absence of leverage reduces exposure to interest rate fluctuations and debt obligations, but it may also limit growth opportunities that could be financed through debt issuance.
Peer comparison
Dec 31, 2024