Vericel Corp Ord (VCEL)
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 | 291,967 | 225,952 | 192,272 | 170,462 | 134,260 |
| 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 + $291,967K)
= 0.00
Vericel Corp Ord has consistently maintained a debt-to-capital ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt in its capital structure during this period. A debt-to-capital ratio of 0.00 signifies that the company's capital mainly consists of equity rather than debt, reflecting a lower financial risk and potential stability in its financial position. It suggests that Vericel Corp Ord has not relied on borrowing to fund its operations or expansion, which can be viewed positively by investors and creditors in terms of financial health and solvency.
Peer comparison
Dec 31, 2024