Greenbrier Companies Inc (GBX)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 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 |
August 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,376,100K
= 0.00
The debt-to-equity ratio of Greenbrier Companies Inc has shown fluctuations over the past few years. From November 2019 to August 2020, the company had a debt-to-equity ratio of 0.39, indicating a moderate level of debt relative to its shareholders' equity. However, this ratio decreased to 0.00 in the subsequent periods until February 2021, suggesting either a decrease in debt levels or an increase in equity.
Subsequently, there was a slight increase in the debt-to-equity ratio in the following quarters, reaching 0.38 in February 2022 and peaking at 0.72 in August 2023. This increase indicates a higher reliance on debt financing compared to equity during these periods. However, the ratio dropped back to 0.00 in May and August 2024, suggesting a potential decrease in debt levels or an increase in equity compared to the previous quarters.
Overall, the trend in Greenbrier Companies Inc debt-to-equity ratio indicates fluctuations in the company's capital structure and financing decisions over the analyzed period.
Peer comparison
Aug 31, 2024