Coherent Inc (COHR)
Debt-to-assets ratio
| Jun 30, 2025 | Jun 30, 2024 | Sep 30, 2023 | Jun 30, 2023 | Sep 30, 2022 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 487,606,000 | 14,488,600 | 13,711,100 | 13,711,100 | 7,844,850 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
June 30, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $487,606,000K
= 0.00
The debt-to-assets ratio for Coherent Inc. remains consistently at zero across all reported periods, namely September 30, 2022; June 30, 2023; September 30, 2023; June 30, 2024; and June 30, 2025. This indicates that the company's total liabilities are negligible or nonexistent relative to its total assets during these periods. Such a stable and zero ratio suggests that Coherent Inc. does not utilize debt financing, relying predominantly on equity or internal funds to finance its assets. This financial structure could imply a conservative approach to leverage, minimizing debt-related risks. Alternatively, it may reflect the company's operational or strategic choices, such as maintaining high liquidity or capital reserves without incurring debt. It is noteworthy that a debt-to-assets ratio consistently at zero is uncommon for a manufacturing or technology firm, and it warrants further inquiry into the company's financial strategies and capital structure to fully understand this anomaly.
Peer comparison
Jun 30, 2025