Greenbrier Companies Inc (GBX)
Debt-to-capital ratio
| Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | 906,600 | — | — | — | 867,500 | — | — | — | 492,319 | 481,396 | — | — | 498,858 | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,376,100 | 1,329,100 | 1,299,900 | 1,274,000 | 1,254,600 | 1,232,700 | 1,277,300 | 1,265,800 | 1,276,900 | 1,270,400 | 1,252,600 | 1,237,300 | 1,307,700 | 1,286,760 | 1,268,500 | 1,280,410 | 1,293,040 | 1,291,220 | 1,286,470 | 1,281,810 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.42 | 0.00 | 0.00 | 0.00 | 0.40 | 0.00 | 0.00 | 0.00 | 0.27 | 0.27 | 0.00 | 0.00 | 0.28 | 0.00 | 0.00 | 0.00 |
August 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,376,100K)
= 0.00
The debt-to-capital ratio for Greenbrier Companies Inc has exhibited varying trends over the past several quarters. In the most recent observation in August 2024 and preceding one in May 2024, the company reported a debt-to-capital ratio of 0.00, indicating no debt in relation to its capital structure. However, in the quarter ending November 2023, the ratio was notably higher at 0.42, signifying a significant portion of debt relative to the total capital.
Throughout the analyzed periods, there were instances where the company had a debt-to-capital ratio of 0.00, implying minimal to no debt within its capital structure. On the other hand, values of 0.27, 0.28, and 0.40 were recorded in specific periods, reflecting a moderate level of debt in relation to capital.
Overall, the debt-to-capital ratio trend for Greenbrier Companies Inc has been relatively low or zero in most quarters, with occasional spikes indicating increased debt utilization compared to total capital. Monitoring this ratio can provide insights into the company's leverage and financing decisions.
Peer comparison
Aug 31, 2024