Carpenter Technology Corporation (CRS)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
June 30, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,887,000K
= 0.00
The debt-to-equity ratio for Carpenter Technology Corporation has consistently been reported at zero across the observed period from June 30, 2021, through June 30, 2025. This uniform value indicates that the company has not utilized any meaningful amount of debt financing relative to shareholders’ equity during these fiscal years. Such a consistent ratio suggests a financial structure entirely composed of equity, with no long-term or short-term debt recorded on the balance sheet within this timeframe. This capital structure approach may reflect a preference for maintaining a debt-free balance sheet, potentially to ensure financial stability or to meet specific corporate strategic or risk management objectives. Overall, the absence of debt exposure as reflected by the debt-to-equity ratio demonstrates a conservative financial stance during the stated period.
Peer comparison
Jun 30, 2025