AZZ Incorporated (AZZ)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
February 28, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,045,500K
= 0.00
The debt-to-equity ratio for AZZ Incorporated has been consistently reported as 0.00 for the years ending in February 2021, 2022, 2023, 2024, and 2025. This indicates that the company has had zero debt in relation to its equity during these periods. A debt-to-equity ratio of 0.00 typically suggests that the company is primarily funded through equity rather than borrowed funds. This can be viewed positively by investors and creditors as it may indicate stability and financial strength, as the company is not relying heavily on external debt to finance its operations or growth. However, it is important to consider the context of the industry and business operations to fully assess the implications of this ratio for AZZ Incorporated.
Peer comparison
Feb 28, 2025