Donaldson Company Inc (DCI)
Debt-to-capital ratio
| Jul 31, 2025 | Jul 31, 2024 | Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,453,500 | 1,489,100 | 1,320,700 | 1,133,200 | 1,137,100 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
July 31, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,453,500K)
= 0.00
The debt-to-capital ratio of Donaldson Company Inc. consistently remains at 0.00 across the analyzed periods from July 31, 2021, through July 31, 2025. This indicates that the company has not reported any long-term or short-term debt during these fiscal years, suggesting a debt-free capital structure throughout the period under review. Such a stable and zero debt-to-capital ratio reflects a conservative financial profile, with the company relying entirely on equity financing and internal funds to support its operations and growth initiatives. This characteristic may imply lower financial leverage, reduced interest obligations, and potentially lower financial risk, aligning with a strategic approach focused on maintaining a debt-free balance sheet.