AZZ Incorporated (AZZ)
Debt-to-capital ratio
| Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,045,500 | 1,029,590 | 999,756 | 967,232 | 700,769 | 921,150 | 898,077 | 871,373 | 853,460 | 852,513 | 859,621 | 687,559 | 667,365 | 648,044 | 638,426 | 637,411 | 623,292 | 624,078 | 631,541 | 635,656 |
| Debt-to-capital 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 |
February 28, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,045,500K)
= 0.00
AZZ Incorporated has consistently maintained a debt-to-capital ratio of 0.00% across multiple reporting periods from May 31, 2020, to February 28, 2025. This indicates that the company has not relied on debt financing to fund its operations or investments in relation to its capital structure during these periods. A debt-to-capital ratio of 0.00% suggests that the company's capital structure is mainly composed of equity rather than debt, which may be viewed positively by investors and creditors as it signifies lower financial risk and leverage. However, it is essential to consider other financial ratios and factors to gain a comprehensive understanding of the company's overall financial health and performance.
Peer comparison
Feb 28, 2025