Agilysys Inc (AGYS)

Debt-to-assets ratio

Mar 31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Mar 31, 2021
Long-term debt US$ in thousands — — — — —
Total assets US$ in thousands 434,370 350,430 243,036 214,162 189,873
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00

March 31, 2025 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $434,370K
= 0.00

The debt-to-assets ratio for Agilysys Inc has consistently been 0.00 from March 31, 2021, to March 31, 2025. This indicates that the company has not used debt to finance its assets during this period. A debt-to-assets ratio of 0.00 implies that the company's assets are fully funded by equity, which can be seen as a positive sign of financial stability and lower financial risk. It suggests that Agilysys Inc has a strong financial position and may have a lower risk of defaulting on its debt obligations.