Applied Industrial Technologies (AIT)
Debt-to-equity ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,844,520 | 1,688,780 | 1,458,440 | 1,149,360 | 932,546 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
June 30, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,844,520K
= 0.00
The debt-to-equity ratio for Applied Industrial Technologies has consistently been recorded at 0.00 across the specified periods from June 30, 2021, through June 30, 2025. This indicates that the company has not reported any interest-bearing debt in its financial structure during these years. A debt-to-equity ratio of zero suggests that the company relies solely on equity financing and does not utilize leverage through borrowed funds. Such a financial structure indicates a conservative approach to capital management, potentially reducing financial risk associated with debt obligations. It may also reflect a strong equity position or an operational strategy focused on maintaining a debt-free balance sheet. Overall, the pathogen of sustained zero debt-to-equity ratios underscores a consistent absence of leverage in the company's capital structure over the observed period.