Greif Bros Corporation (GEF)

Debt-to-capital 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 stockholders’ equity US$ in thousands 2,040,400 2,075,700 2,056,900 2,009,100 1,992,500 1,947,900 1,948,300 1,879,800 1,845,400 1,761,300 1,701,100 1,686,400 1,493,300 1,514,300 1,448,900 1,374,200 1,205,300 1,152,200 1,141,300 1,083,200
Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $2,040,400K)
= 0.00

Based on the data provided, Greif Bros Corporation has consistently maintained a debt-to-capital ratio of 0.00 over the period from April 30, 2020, to January 31, 2025.

A debt-to-capital ratio of 0.00 indicates that the company has not used any debt financing to fund its operations or investments during this period. This could suggest that Greif Bros Corporation relies primarily on equity financing or other sources of capital to support its activities.

From a financial perspective, a low or zero debt-to-capital ratio can be viewed positively as it indicates low financial risk associated with debt obligations. However, it is important to consider the potential implications of not utilizing debt, such as missed opportunities for leveraging capital for growth or tax benefits associated with interest payments.

In conclusion, Greif Bros Corporation's consistent 0.00 debt-to-capital ratio reflects the company's cautious approach to debt financing and suggests a relatively conservative capital structure.