Aecom Technology Corporation (ACM)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
September 30, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $2,184,200K
= 0.00
Based on the data provided, Aecom Technology Corporation has consistently reported a debt-to-equity ratio of 0.00 over the past five years. This indicates that the company has been funding its operations and growth primarily through equity rather than debt. A debt-to-equity ratio of 0.00 typically suggests that the company does not have any long-term debt on its balance sheet relative to its shareholder equity.
While a debt-to-equity ratio of 0.00 can be seen as a positive sign in terms of financial stability and lower financial risk, it is important to note that solely looking at this ratio may not provide a complete picture of the company's financial health. It is advisable to consider other financial ratios and metrics, as well as qualitative factors, to gain a more comprehensive understanding of Aecom Technology Corporation's overall financial position and performance.
Peer comparison
Sep 30, 2024