Copart Inc (CPRT)
Debt-to-assets ratio
| Jul 31, 2025 | Jul 31, 2024 | Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 10,090,900 | 8,427,760 | 6,737,880 | 5,308,860 | 4,562,140 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
July 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $10,090,900K
= 0.00
The debt-to-assets ratio for Copart Inc has consistently been reported at 0.00 from July 31, 2021, through July 31, 2025. This indicates that the company's total liabilities are negligible relative to its total assets during this period. Such a stable and zero ratio suggests that Copart Inc maintains an asset structure that is either entirely financed through equity or other non-debt sources, reflecting a conservative financial leverage profile. The absence of debt contribution to the company's asset base implies a low-risk financial position with limited reliance on borrowed funds for asset financing.