Vertex Pharmaceuticals Inc (VRTX)
Debt-to-capital 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 | 16,409,600 | 15,630,900 | 14,774,700 | 18,546,600 | 17,580,400 | 16,512,800 | 15,470,200 | 14,432,300 | 13,912,700 | 13,029,600 | 11,933,500 | 10,907,000 | 10,100,000 | 9,530,800 | 9,196,400 | 8,980,300 | 8,686,800 | 8,133,470 | 7,519,240 | 6,461,650 |
| Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $16,409,600K)
= 0.00
The debt-to-capital ratio of Vertex Pharmaceuticals Inc has been consistently recorded at 0.00 from March 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 suggests that the company is not relying on debt financing to fund its operations and investment activities. This can be perceived positively as it may indicate financial stability and a lower financial risk for the company. However, it is essential to consider other financial metrics and factors to assess the overall financial health and performance of Vertex Pharmaceuticals Inc accurately.
Peer comparison
Dec 31, 2024