Sterling Construction Company Inc (STRL)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $805,416K
= 0.00
The analysis of Sterling Construction Company Inc’s debt-to-equity ratio over the specified period indicates a consistent pattern of a ratio of zero. This suggests that the company has maintained a capital structure devoid of any debt financing, relying exclusively on equity to fund its operations throughout the entire span from June 30, 2020, to March 31, 2025. The persistent absence of debt highlights a conservative financial strategy, with the company avoiding leverage and associated interest obligations. This approach potentially reflects a focus on financial stability, liquidity preservation, or a strategic choice to operate without debt exposure. Overall, the debt-to-equity ratio data underscores a debt-free capital structure during the observed period.
Peer comparison
Mar 31, 2025