Eagle Materials Inc (EXP)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 1,456,700 | 1,496,140 | 1,431,650 | 1,350,800 | 1,308,540 | 1,333,160 | 1,306,630 | 1,238,410 | 1,185,690 | 1,165,510 | 1,156,700 | 1,123,780 | 1,133,560 | 1,222,250 | 1,307,310 | 1,391,330 | 1,358,990 | 1,261,180 | 1,168,030 | 1,067,960 |
| Debt-to-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,456,700K
= 0.00
The debt-to-equity ratio of Eagle Materials Inc has consistently been at 0.00 for the past several periods, from June 30, 2020, to March 31, 2025. This indicates that the company has not utilized any debt to finance its operations and investments, and instead relies solely on equity for its capital structure. A debt-to-equity ratio of 0.00 typically suggests that the company has a conservative financial policy with low financial risk, as there is no significant debt burden to repay. However, it is important to note that a very low debt-to-equity ratio may also signify missed opportunities for leveraging debt to potentially enhance returns for shareholders. Overall, Eagle Materials Inc's consistent debt-to-equity ratio of 0.00 reflects a stable and financially secure position.