AZZ Incorporated (AZZ)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,045,500K
= 0.00
The debt-to-equity ratio of AZZ Incorporated has consistently been 0.00 for all the reporting periods from May 31, 2020, to February 28, 2025. This indicates that the company has not taken on any debt in relation to its equity during these periods. A low or zero debt-to-equity ratio is often seen as a positive indicator, as it suggests that the company is not relying heavily on debt to finance its operations or growth. It may also imply that the company has a strong equity position and financial stability. However, it is important to consider other financial metrics and factors to gain a comprehensive understanding of the company's financial health and performance.
Peer comparison
Feb 28, 2025