United Therapeutics Corporation (UTHR)

Debt-to-equity ratio

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 Mar 31, 2020
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 6,444,000 6,100,900 5,697,200 5,338,100 5,984,800 5,712,100 5,411,000 5,123,200 4,796,700 4,562,200 4,318,400 4,176,300 3,958,900 3,829,700 3,639,500 3,445,400 3,395,200 3,283,100 3,093,700 2,948,500
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

December 31, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $6,444,000K
= 0.00

The debt-to-equity ratio for United Therapeutics Corporation has consistently been 0.00 across all reported periods from March 31, 2020, to December 31, 2024. This ratio indicates that the company has not been relying on debt to finance its operations and growth, as its debt levels are either minimal or non-existent compared to its equity. A low or zero debt-to-equity ratio is generally considered favorable as it suggests a lower financial risk and a strong financial position for the company. In United Therapeutics' case, the consistent 0.00 ratio reflects a prudent capital structure that minimizes the potential financial risks associated with high levels of debt, which may be viewed positively by investors and creditors alike.