Greif Bros Corporation (GEF)
Debt-to-assets ratio
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 6,585,700 | 6,646,400 | 6,834,900 | 6,828,800 | 5,969,100 | 5,960,800 | 5,873,500 | 5,911,500 | 5,690,600 | 5,460,300 | 5,626,100 | 5,622,900 | 5,766,600 | 5,815,800 | 5,723,600 | 5,587,900 | 5,566,600 | 5,510,900 | 5,593,800 | 5,529,000 |
| Debt-to-assets 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 |
January 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $6,585,700K
= 0.00
The debt-to-assets ratio for Greif Bros Corporation has consistently been 0.00 from April 30, 2020, to January 31, 2025. This indicates that the company has not relied on debt to finance its assets over this period. A debt-to-assets ratio of 0.00 suggests that the company's assets are primarily funded through equity rather than debt, signaling a strong financial position in terms of solvency and risk management. This could be a strategic decision by the company to avoid taking on unnecessary debt and maintain a healthy balance sheet.