Greenbrier Companies Inc (GBX)
Debt-to-equity ratio
| 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 | Aug 31, 2019 | May 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | 906,600 | — | — | — | 867,500 | — | — | — | 492,319 | 481,396 | — | — | 498,858 | — | — | — | 521,544 | — |
| Total stockholders’ equity | US$ in thousands | 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 | 1,276,730 | 1,262,320 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.72 | 0.00 | 0.00 | 0.00 | 0.68 | 0.00 | 0.00 | 0.00 | 0.38 | 0.37 | 0.00 | 0.00 | 0.39 | 0.00 | 0.00 | 0.00 | 0.41 | 0.00 |
February 29, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,299,900K
= 0.00
The debt-to-equity ratio of Greenbrier Companies Inc fluctuated over the period analyzed. The ratio was consistently low or zero in some periods, indicating the company had little to no debt relative to its equity during those times. However, there were instances, such as in August 2023 and May 2021, where the ratio increased to 0.72 and 0.39, respectively, suggesting higher levels of debt compared to equity. Overall, the company appears to maintain a low debt-to-equity ratio, which may indicate a lower financial risk and a stronger financial position. It is important to consider the reasons behind the variations in the ratio and the overall debt management strategy of Greenbrier Companies Inc.
Peer comparison
Feb 29, 2024