Accenture plc (ACN)
Debt-to-equity ratio
| Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 28,288,600 | 27,744,500 | 27,122,900 | 26,676,800 | 25,692,800 | 25,332,400 | 23,762,600 | 22,974,600 | 22,106,100 | 21,389,100 | 20,560,000 | 20,353,200 | 19,529,500 | 19,342,800 | 18,308,000 | 17,906,500 | 17,000,500 | 16,014,600 | 15,474,600 | 15,167,100 |
| 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 |
August 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $28,288,600K
= 0.00
The debt-to-equity ratio for Accenture plc has remained consistently at 0.00 for all the periods listed. This indicates that the company has not used any debt to finance its operations and has relied solely on equity. A debt-to-equity ratio of 0.00 signifies that the company has no financial leverage and operates with a conservative capital structure. While this may imply lower financial risk, it also suggests potential limitations in capital availability for future growth opportunities. Further analysis of the company's capital structure and long-term financial strategy would be necessary to fully evaluate the implications of maintaining a consistently low debt-to-equity ratio.
Peer comparison
Aug 31, 2024