Carpenter Technology Corporation (CRS)
Debt-to-assets ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 3,486,800 | 3,291,700 | 3,053,900 | 2,932,300 | 2,971,200 |
| 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 ÷ $3,486,800K
= 0.00
The debt-to-assets ratio for Carpenter Technology Corporation has consistently been reported at 0.00 across the four consecutive fiscal years ending June 30th from 2021 through 2025. This indicates that the company has not reported any total debt relative to its total assets during this period. A debt-to-assets ratio of zero suggests that Carpenter Technology Corporation's assets are fully financed through equity or other non-debt liabilities rather than through borrowed capital. The sustained absence of debt over multiple years may reflect a conservative capital structure, strong liquidity position, or strategic preference for avoiding leverage. Such a debt profile reduces the company's financial risk associated with debt obligations; however, it may also limit opportunities for growth through leverage if that is a strategic component of its financial planning.
Peer comparison
Jun 30, 2025