West Pharmaceutical Services Inc (WST)
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 | 2,682,300 | 2,752,100 | 2,576,800 | 2,680,600 | 2,881,000 | 2,868,200 | 2,746,700 | 2,776,200 | 2,684,900 | 2,470,800 | 2,424,400 | 2,326,200 | 2,335,400 | 2,202,300 | 2,032,600 | 1,829,000 | 1,854,500 | 1,718,900 | 1,606,300 | 1,490,200 |
| 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 ÷ $2,682,300K
= 0.00
The debt-to-equity ratio for West Pharmaceutical Services Inc has remained at 0.00 consistently across all reported periods from March 31, 2020, to December 31, 2024. This ratio indicates that the company is not relying on debt financing to fund its operations, as its total debt is either extremely low or non-existent in relation to its shareholders' equity. A debt-to-equity ratio of 0.00 typically signifies a strong financial position, as there is no debt to be compared with the equity in the business. This may suggest that the company relies more on equity funding, which could imply lower financial risk and greater financial stability. However, it's important to note that while a low debt-to-equity ratio can be positive, it may also indicate missed opportunities to leverage debt for potential growth or investment purposes.
Peer comparison
Dec 31, 2024