CSW Industrials, Inc. (CSW)
Debt-to-capital ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,072,250 | 615,723 | 525,675 | 469,086 | 412,013 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
March 31, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,072,250K)
= 0.00
The debt-to-capital ratio for CSW Industrials, Inc. consistently remains at 0.00 across the reported periods from March 31, 2021, through March 31, 2025. This indicates that the company has no outstanding debt relative to its total capital during this time frame. Such a persistent zero ratio suggests a financial structure characterized by the absence of leverage, implying that CSW Industrials, Inc. relies entirely on equity or internal funding sources to finance its operations and assets. The consistent lack of debt may reflect a strategic choice to avoid leverage risks, a strong liquidity position, or a conservative capital management approach. This financial profile typically results in a lower financial risk profile but may also limit the company's capacity to leverage debt for growth opportunities. Overall, the data depict a company that maintains a debt-free capital structure through the observed periods.
Peer comparison
Mar 31, 2025