Carpenter Technology Corporation (CRS)

Debt-to-assets ratio

Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020
Long-term debt US$ in thousands
Total assets US$ in thousands 3,486,800 3,361,800 3,326,700 3,255,000 3,291,700 3,176,200 3,159,200 3,076,800 3,053,900 3,094,300 3,056,500 2,939,900 2,932,300 3,230,200 2,879,900 2,959,900 2,971,200 3,011,000 3,043,900 3,128,700
Debt-to-assets 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

June 30, 2025 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $3,486,800K
= 0.00

The data indicates that Carpenter Technology Corporation maintained a debt-to-assets ratio of zero percent across all reporting periods from September 30, 2020, through June 30, 2025. This consistent zero value signifies that the company has not reported any long-term or short-term debt during this timeframe. Consequently, the company's total assets at each period appear to be fully financed through equity or other non-debt sources, reflecting a debt-free capital structure. Such a pattern suggests a conservative approach to leverage, potentially indicating strong liquidity positioning, a strategic preference for low financial risk, or the absence of external borrowing in the company's financing activities over the observed period.