Extreme Networks Inc (EXTR)

Debt-to-capital ratio

		Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Long-term debt	US$ in thousands	—	—	—	—	—
Total stockholders’ equity	US$ in thousands	65,584	25,282	116,752	90,343	54,468
Debt-to-capital ratio		0.00	0.00	0.00	0.00	0.00

June 30, 2025 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $65,584K)
= 0.00

The debt-to-capital ratio for Extreme Networks Inc. has consistently been reported at zero from June 30, 2021 through June 30, 2025, according to the provided data. This indicates that the company's capital structure has not included any debt during this period, suggesting a leverage-free financial position. Such a ratio implies that the company finances its operations exclusively through equity, with no reliance on debt obligations. Maintaining a debt-to-capital ratio of zero over multiple fiscal years signifies a conservative financial strategy, potentially reducing financial risk and interest obligations. This stable and debt-free profile can be viewed favorably from a risk management perspective but may also suggest limited use of leverage to fund growth initiatives.