AZZ Incorporated (AZZ)
Debt-to-capital ratio
| Feb 28, 2025 | Feb 29, 2024 | Feb 28, 2023 | Feb 28, 2022 | Feb 28, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,045,500 | 934,491 | 853,460 | 667,365 | 623,292 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
February 28, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,045,500K)
= 0.00
The debt-to-capital ratio for AZZ Incorporated has consistently remained at 0.00 over the last five years, from February 28, 2021, to February 28, 2025. This indicates that the company has not utilized any debt to finance its operations relative to its capital structure during this period. A debt-to-capital ratio of 0.00 suggests that the company's capital structure is primarily equity-funded, which may signify financial stability and low financial risk as there is no significant reliance on debt financing. However, it is important to consider other financial metrics and factors to assess the overall financial health and performance of AZZ Incorporated comprehensively.
Peer comparison
Feb 28, 2025