Vericel Corp Ord (VCEL)
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 | 291,967 | 225,952 | 192,272 | 170,462 | 134,260 |
| 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 ÷ $291,967K
= 0.00
Vericel Corp Ord's debt-to-equity ratio has been consistently at 0.00 for the years 2020, 2021, 2022, 2023, and 2024. This indicates that the company has not relied on debt to finance its operations but rather has primarily used equity. A debt-to-equity ratio of 0.00 signifies that the company has no debt obligations in relation to its equity, which may be viewed positively by investors as it implies lower financial risk and a more stable financial structure. However, it's important to consider other factors such as the industry norms and the company's growth plans when evaluating the significance of this ratio.
Peer comparison
Dec 31, 2024