Greif Bros Corporation (GEF)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $2,040,400K
= 0.00
Greif Bros Corporation has consistently maintained a debt-to-equity ratio of 0.00 for the past several years, according to the data provided. This indicates that the company has no debt in relation to its equity during the specified periods. A debt-to-equity ratio of zero suggests that the company has either entirely paid off its debt or operates with no debt financing at all. This could be perceived positively by investors and lenders, as it indicates a strong financial position and low financial risk for the company. However, it is important to consider other financial metrics and factors in conjunction with the debt-to-equity ratio to gain a comprehensive understanding of Greif Bros Corporation's overall financial health and performance.