Amcor PLC (AMCR)
Debt-to-capital ratio
| 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 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 3,881,000 | 3,944,000 | 3,964,000 | 3,898,000 | 4,026,000 | 4,248,000 | 4,353,000 | 3,918,000 | 4,082,000 | 4,517,000 | 4,462,000 | 4,650,000 | 4,764,000 | 4,647,000 | 4,792,000 | 4,687,000 | 4,626,000 | 4,739,600 | 5,339,700 | 5,424,200 |
| Debt-to-capital 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, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $3,881,000K)
= 0.00
The debt-to-capital ratio for Amcor PLC has consistently been reported as 0.00 over multiple quarters, including the most recent data available as of June 30, 2024. This indicates that the company has not utilized debt in its capital structure during the periods covered by the data. A debt-to-capital ratio of 0.00 suggests that the company's capital structure is primarily funded by equity rather than debt. This could imply a conservative financial policy or a strong financial position that does not require significant debt financing. It is important to note that a debt-to-capital ratio of 0.00 does not necessarily mean that the company has zero debt, but rather that debt represents a negligible portion of its total capital. Further analysis of the company's financial statements and other relevant metrics would provide a more comprehensive understanding of its financial health and risk profile.
Peer comparison
Jun 30, 2024