CSW Industrials, Inc. (CSW)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
March 31, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,072,250K
= 0.00
The debt-to-equity ratio of CSW Industrials, Inc. has consistently been reported as zero across the specified periods—March 31, 2021, through March 31, 2025. This indicates that the company has maintained an entirely equity-financed capital structure during this timeframe, with no recorded debt liabilities relative to shareholders’ equity. Such a consistent ratio suggests a conservative approach to leverage, potentially reducing financial risk associated with debt obligations. It may also reflect a strategic decision to avoid leverage, thereby minimizing interest expenses and financial vulnerability, or could indicate that the company’s operations are sufficiently funded through equity or internal cash flows.
Peer comparison
Mar 31, 2025