American Woodmark Corporation (AMWD)

Debt-to-assets ratio

Apr 30, 2025 Jan 31, 2025 Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020
Long-term debt US$ in thousands
Total assets US$ in thousands 1,570,570 1,590,240 1,609,880 1,623,420 1,593,860 1,573,840 1,534,100 1,530,630 1,518,800 1,564,370 1,651,030 1,646,210 1,632,500 1,591,680 1,595,740 1,589,580 1,636,510 1,656,870 1,672,880 1,667,440
Debt-to-assets 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

April 30, 2025 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,570,570K
= 0.00

The analysis of American Woodmark Corporation's debt-to-assets ratio across the specified periods indicates a consistent value of zero from July 31, 2020, through October 31, 2024, extending into projections up to January 31, 2025. This persistent zero ratio suggests that, during each reporting period, the company maintained a financial structure devoid of any debt liabilities relative to its total assets. Such a pattern indicates a conservative capital structure characterized by an absence of long-term or short-term debt financing. The company's reliance solely on equity and internal funds underscores an asset management strategy that avoids leverage, potentially reducing financial risk. However, it also implies that the company may not be taking advantage of debt financing to potentially enhance growth or operational leverage. Overall, the evidence points to a debt-free or debt-neutral financial position regarding leverage ratios during the observed timeframe.