Sterling Construction Company Inc (STRL)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $808,081K
= 0.00
The debt-to-equity ratio of Sterling Construction Company Inc. remained consistently at 0.00 from December 31, 2020 through December 31, 2024. This indicates that during this period, the company did not utilize any debt financing relative to its shareholder equity. The persistent absence of debt suggests a conservative capital structure characterized by reliance solely on equity funding, with no reported long-term or short-term debt liabilities. Consequently, the company may be considered to have a low financial leverage profile, which could imply reduced financial risk but also limited financial flexibility for leveraging growth opportunities.
Peer comparison
Dec 31, 2024