Sterling Construction Company Inc (STRL)
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 | 805,416 | 808,081 | 716,524 | 670,668 | 644,566 | 618,913 | 580,347 | 537,573 | 494,664 | 474,599 | 437,111 | 405,233 | 375,909 | 358,767 | 321,688 | 297,996 | 275,080 | 267,270 | 257,628 | 239,637 |
| 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 + $805,416K)
= 0.00
The debt-to-capital ratio for Sterling Construction Company Inc remains consistently at zero across all observed periods from June 30, 2020, through March 31, 2025. This indicates that during this timeframe, the company has not utilized debt financing relative to its total capital. Such a uniform ratio suggests a substantial reliance on equity or internal funds for capital structure, with no reported debt obligations influencing the company's financial leverage. The persistent zero value implies a financial strategy characterized by avoiding debt, possibly reflecting a conservative approach to leverage or a capital structure that is predominantly equity-based.
Peer comparison
Mar 31, 2025