Donaldson Company Inc (DCI)
Debt-to-assets ratio
| Jul 31, 2025 | Jul 31, 2024 | Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 2,977,200 | 2,914,300 | 2,770,500 | 2,600,300 | 2,400,200 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
July 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,977,200K
= 0.00
The debt-to-assets ratio for Donaldson Company Inc. consistently reports a value of zero across the examined period from July 31, 2021, through July 31, 2025. This indicates that at each of these dates, the company's total liabilities are effectively negligible or nonexistent in relation to its total assets. Such a pattern suggests that Donaldson Company Inc. has maintained a debt-free or near-debt-free capital structure during this timeframe, relying primarily on equity financing rather than debt obligations. The persistent absence of debt implies a conservative financial strategy, potentially reducing leverage-related risks, interest obligations, and financial stress. Overall, the company's capital structure is characterized by a complete absence of recorded debt relative to its assets across these years.