Copart Inc (CPRT)
Debt-to-capital ratio
| Jul 31, 2025 | Jul 31, 2024 | Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 9,187,030 | 7,524,010 | 5,987,440 | 4,625,600 | 3,529,200 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
July 31, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $9,187,030K)
= 0.00
The data indicates that Copart Inc's debt-to-capital ratio has consistently recorded a value of zero across the specified periods from July 31, 2021, through July 31, 2025. This persistent pattern suggests that the company maintains no long-term or short-term debt relative to its total capital during this timeframe. Consequently, the company appears to operate without leveraged financing, relying primarily on equity or internal funding sources for its capital structure. The absence of debt implies a potentially conservative financial strategy, potentially minimizing financial risk associated with debt servicing and interest obligations.