Apogee Enterprises Inc (APOG)
Debt-to-equity ratio
| Feb 28, 2025 | Mar 2, 2024 | Feb 29, 2024 | Feb 28, 2023 | Feb 25, 2023 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | 62,000 | — | — | 169,837 |
| Total stockholders’ equity | US$ in thousands | 487,898 | 471,025 | 471,025 | 396,408 | 396,408 |
| Debt-to-equity ratio | 0.00 | 0.13 | 0.00 | 0.00 | 0.43 |
February 28, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $487,898K
= 0.00
Apogee Enterprises Inc's debt-to-equity ratio has shown fluctuations over the periods reported.
- As of February 25, 2023, the company had a debt-to-equity ratio of 0.43, indicating that for every dollar of equity, there was $0.43 of debt.
- The ratio dropped to 0.00 as of both February 28, 2023, and February 29, 2024, suggesting that there was either no debt or minimal debt in relation to equity during those periods.
- There was a slight increase in the debt-to-equity ratio to 0.13 as of March 2, 2024, which implies a higher level of debt relative to equity compared to the previous periods.
- Subsequently, the ratio returned to 0.00 as of February 28, 2025, indicating a similar scenario as reported earlier, with either no significant debt or minimal debt in comparison to equity.
Overall, the debt-to-equity ratio of Apogee Enterprises Inc has been relatively low or even nonexistent in some periods, potentially indicating a conservative approach to leveraging with respect to equity in the company's capital structure.