Carpenter Technology Corporation (CRS)
Debt-to-capital ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,887,000 | 1,628,800 | 1,396,100 | 1,330,500 | 1,392,300 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
June 30, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,887,000K)
= 0.00
The debt-to-capital ratio for Carpenter Technology Corporation over the period from June 30, 2021, through June 30, 2025, remains consistently at zero. This indicates that the company has not reported any interest-bearing debt relative to its total capital during these years. Such a static and zero ratio suggests that Carpenter Technology has primarily financed its operations through equity or internal cash flows, with no substantial reliance on debt instruments during this period. The absence of leverage, as reflected by the consistently zero debt-to-capital ratio, implies a conservative capital structure, potentially minimizing financial risk associated with debt obligations. However, it may also suggest limited financial leverage for growth or strategic investments that typically involve debt financing. Overall, the data indicates a stable and debt-free capital structure over the analyzed period.
Peer comparison
Jun 30, 2025