Copart Inc (CPRT)
Debt-to-equity ratio
| Jul 31, 2025 | Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 9,187,030 | 8,781,190 | 8,301,260 | 7,896,310 | 7,524,010 | 7,171,250 | 6,787,600 | 6,411,420 | 5,987,440 | 5,592,420 | 5,213,650 | 4,852,830 | 4,625,600 | 4,353,050 | 4,089,860 | 3,793,820 | 3,529,200 | 3,249,380 | 2,942,590 | 2,710,830 |
| 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 |
July 31, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $9,187,030K
= 0.00
The debt-to-equity ratio for Copart Inc. remains consistently at 0.00 across all reported periods from October 31, 2020, through July 31, 2025. This indicates that during this timeframe, the company has maintained a financing structure entirely reliant on equity, with no reported debt. The persistent absence of debt suggests a conservative capital structure, which may contribute to lower financial leverage and risk, as well as greater financial flexibility. Such a stance could reflect strong retained earnings, substantial equity financing, or a strategic decision to minimize debt exposure. Overall, the data illustrates that Copart Inc. has operated without recognized debt on its balance sheet over the analyzed period.