Coherent Inc (COHR)
Debt-to-capital ratio
| Jun 30, 2025 | Jun 30, 2024 | Sep 30, 2023 | Jun 30, 2023 | Sep 30, 2022 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,483,300 | 7,574,890 | 4,987,550 | 7,228,970 | 3,616,480 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
June 30, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $2,483,300K)
= 0.00
The debt-to-capital ratio of Coherent Inc. consistently registers at zero across all reported periods, including September 30, 2022; June 30, 2023; September 30, 2023; June 30, 2024; and June 30, 2025. This indicates that the company has not employed any interest-bearing debt in its capital structure during these periods, implying a potentially conservative approach to leverage. The presence of a zero ratio suggests that Coherent Inc. primarily relies on equity financing or internal funds to support its assets and operations without relying on debt. Maintaining a debt-free capital structure can reduce financial risk associated with interest obligations but may also influence the company's capital flexibility and growth strategies. Overall, the consistent zero debt-to-capital ratio reflects a strategic financial stance centered on avoiding leverage and associated credit risks.
Peer comparison
Jun 30, 2025