Eagle Materials Inc (EXP)
Debt-to-assets ratio
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 3,264,590 | 3,043,670 | 3,121,800 | 3,042,870 | 2,982,530 | 2,890,340 | 2,917,090 | 2,916,250 | 2,781,000 | 2,730,170 | 2,809,150 | 2,770,860 | 2,579,650 | 2,560,120 | 2,619,830 | 2,890,830 | 2,838,680 | 2,725,040 | 2,871,280 | 3,015,160 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
March 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $3,264,590K
= 0.00
The debt-to-assets ratio of Eagle Materials Inc has consistently remained at 0.00 from June 30, 2020, to March 31, 2025. This indicates that the company has not used any debt to finance its assets during this period. A debt-to-assets ratio of 0.00 signifies that all of the company's assets are financed by equity rather than debt. It suggests that Eagle Materials Inc has a strong financial position with minimal financial risk related to debt obligations. This stable and low debt-to-assets ratio reflects a conservative approach to capital structure and financing decisions, showcasing the company's reliance on internal funds for asset investments.