Eagle Materials Inc (EXP)
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 | 1,456,700 | 1,308,540 | 1,185,690 | 1,133,560 | 1,358,990 |
| 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 ÷ $1,456,700K
= 0.00
Eagle Materials Inc has consistently shown a debt-to-equity ratio of 0.00 for the years ranging from March 31, 2021, to March 31, 2025. This indicates that the company has no debt in its capital structure over this period and is primarily financed by equity. A debt-to-equity ratio of 0.00 reflects a relatively low financial risk, as there is no significant debt leverage impacting the company's financial position. It suggests that Eagle Materials Inc has been managing its capital structure prudently by relying more on equity financing rather than debt to fund its operations and investments.