AAR Corp (AIR)
Debt-to-assets ratio
| May 31, 2025 | May 31, 2024 | May 31, 2023 | May 31, 2022 | May 31, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 2,844,600 | 2,770,000 | 1,833,100 | 1,573,900 | 1,539,700 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
May 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,844,600K
= 0.00
The debt-to-assets ratio for AAR Corp has consistently been reported at 0.00 across the four fiscal periods spanning from May 31, 2021, to May 31, 2025. This indicates that the company has maintained a position where total liabilities are negligible or effectively zero relative to its total assets during this timeframe. Such a steady ratio suggests that AAR Corp has been operating without utilizing leverage through debt financing, relying predominantly on equity or internal funds to support its asset base. The absence of debt-related liabilities implies a potentially conservative capital structure, which may contribute to a lower financial risk profile but could also impact the company's growth strategies if debt was previously a key component of its funding. Overall, the data portrays a company with no recorded leverage in its balance sheet over these years.
Peer comparison
May 31, 2025