Carpenter Technology Corporation (CRS)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 1,887,000 | 1,781,700 | 1,716,900 | 1,660,300 | 1,628,800 | 1,502,600 | 1,473,800 | 1,429,300 | 1,396,100 | 1,327,200 | 1,321,100 | 1,306,800 | 1,330,500 | 1,347,100 | 1,333,100 | 1,367,600 | 1,392,300 | 1,381,200 | 1,332,900 | 1,407,500 |
| Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,887,000K)
= 0.00
The data indicates that Carpenter Technology Corporation has maintained a debt-to-capital ratio of zero across all reported periods from September 30, 2020, through June 30, 2025. This consistent zero value suggests that the company has not employed any long-term or short-term debt in its capital structure during this timeframe. Consequently, it can be inferred that the enterprise is financed entirely through equity or other non-debt sources, reflecting a debt-free capital structure throughout the observed period. This approach to capital management may imply a conservative financial policy, minimal reliance on leverage, and possibly a strong liquidity position, with the company avoiding debt-related obligations.
Peer comparison
Jun 30, 2025