Avnet Inc (AVT)
Debt-to-assets ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 12,118,600 | 12,209,100 | 12,477,200 | 10,388,500 | 8,925,420 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
June 30, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $12,118,600K
= 0.00
The debt-to-assets ratio for Avnet Inc has consistently been reported at 0.00 across the specified periods from June 30, 2021, through June 30, 2025. This indicates that, during these years, the company has not reported any debt relative to its total assets. A debt-to-assets ratio of zero suggests that Avnet Inc's assets are entirely financed through equity or other non-debt sources, reflecting a debt-free capital structure over this timeframe. This consistency implies a conservative financial approach, with no reliance on borrowed funds to finance asset acquisition or operations. Such a financial profile typically results in lower financial risk and interest obligations, although it may also limit leverage for growth opportunities.
Peer comparison
Jun 30, 2025