American Woodmark Corporation (AMWD)
Debt-to-equity ratio
| 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 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 910,376 | 896,910 | 895,580 | 894,365 | 873,788 | 843,140 | 829,179 | 792,538 | 772,883 | 750,953 | 743,139 | 737,101 | 756,238 | 775,993 | 756,546 | 732,006 | 689,285 | 674,908 | 651,168 | 632,473 |
| 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 |
April 30, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $910,376K
= 0.00
The debt-to-equity ratio of American Woodmark Corporation has consistently been reported as 0.00 for each reporting period dating back to at least April 30, 2019. This indicates that the company has not reported any financial debt in relation to its equity over this time period. A debt-to-equity ratio of 0.00 implies that the company has either no debt or a negligible amount of debt relative to its equity, reflecting a conservative financial leverage strategy. This may suggest that American Woodmark Corporation is primarily funded through equity financing rather than debt financing, which could reflect a lower financial risk profile and potentially greater financial stability.