Aecom Technology Corporation (ACM)
Debt-to-capital ratio
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,184,200 | 2,212,330 | 2,476,650 | 2,712,470 | 3,292,560 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
September 30, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $2,184,200K)
= 0.00
The debt-to-capital ratio for Aecom Technology Corporation has consistently been 0.00 for the past five years, indicating that the company has not utilized any debt in relation to its capital structure over this period. This suggests that the company has been financing its operations and investments primarily through equity rather than debt. A debt-to-capital ratio of 0.00 typically reflects a lower financial risk profile as it indicates a lower reliance on debt for funding. However, it is essential to note that a very low debt-to-capital ratio may also imply missed opportunities for leveraging debt for potential growth or tax advantages. Further analysis of the company's capital structure and overall financial strategy would provide more insight into its financing decisions and potential implications for future performance.
Peer comparison
Sep 30, 2024