Haemonetics Corporation (HAE)

Debt-to-capital ratio

Mar 31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Mar 31, 2021
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 820,836 959,959 817,997 749,424 731,670
Debt-to-capital ratio 0.00 0.00 0.00 0.00 0.00

March 31, 2025 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $820,836K)
= 0.00

The debt-to-capital ratio for Haemonetics Corporation has been consistently at 0.00 from March 31, 2021, to March 31, 2024. However, for March 31, 2025, the ratio is reported as "—", indicating a lack of available data for that period. A debt-to-capital ratio of 0.00 typically suggests that the company is not using any debt to finance its operations and investments, and instead relies on equity financing. This may indicate a conservative financial strategy, lower financial risk, and better financial health as the company is not highly leveraged.