Applied Industrial Technologies (AIT)
Debt-to-equity ratio
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,844,520 | 1,827,480 | 1,793,510 | 1,752,080 | 1,688,780 | 1,669,020 | 1,608,030 | 1,536,120 | 1,458,440 | 1,380,660 | 1,295,880 | 1,221,440 | 1,149,360 | 1,098,390 | 1,021,690 | 976,570 | 932,546 | 934,907 | 880,707 | 885,406 |
| 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 |
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 remains consistently at zero across all reported periods from September 30, 2020, through June 30, 2025. This indicates that, during this time frame, the company has maintained a financial structure without utilizing debt financing relative to shareholders’ equity. Such a sustained zero ratio suggests an absence of long-term or short-term debt obligations, highlighting a reliance solely on equity capital to fund operations and growth initiatives. The persistent display of a zero debt-to-equity ratio underscores a conservative capital structure, emphasizing a debt-free approach or very low leverage profile within the company's financial strategy.