Avnet Inc (AVT)
Debt-to-assets ratio
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 12,118,600 | 11,712,300 | 11,942,900 | 12,597,600 | 12,259,100 | 12,325,200 | 12,997,200 | 12,646,500 | 12,477,200 | 12,109,300 | 11,929,900 | 10,968,400 | 10,388,500 | 9,781,670 | 9,580,870 | 9,211,310 | 8,925,420 | 8,365,920 | 8,264,310 | 8,381,400 |
| 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 |
June 30, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $12,118,600K
= 0.00
The data indicates that Avnet Inc's debt-to-assets ratio has consistently been zero across all reported periods, from September 30, 2020, through June 30, 2025. This persistent ratio of 0.00 suggests that the company has not reported any debt in its financial statements during this timeframe. Such a pattern implies that Avnet Inc may be operating without interest-bearing liabilities, relying primarily on equity to finance its assets. While this financial structure can reduce financial risk associated with leverage, it may also reflect limited leverage-driven growth strategies or specific accounting practices. Overall, the unwavering zero debt-to-assets ratio signifies a debt-free capital structure throughout the analyzed period.
Peer comparison
Jun 30, 2025