McKesson Corporation (MCK)
Debt-to-assets ratio
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 75,140,000 | 71,081,000 | 72,429,000 | 71,670,000 | 67,443,000 | 66,512,000 | 66,091,000 | 64,096,000 | 62,320,000 | 62,690,000 | 63,081,000 | 62,295,000 | 63,298,000 | 63,708,000 | 63,601,000 | 62,894,000 | 65,015,000 | 61,845,000 | 61,558,000 | 57,666,000 |
| 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 |
March 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $75,140,000K
= 0.00
The debt-to-assets ratio for McKesson Corporation, as indicated in the provided data, has consistently remained at 0.00 over multiple quarters from June 30, 2020, to March 31, 2025. This suggests that McKesson Corporation has not reported any debt on its balance sheet in relation to its total assets during this period.
A debt-to-assets ratio of 0.00 typically signifies that the company is entirely financed by equity and does not rely on debt to fund its operations or investments. While being debt-free can be advantageous in terms of financial stability and lower interest expenses, it may also indicate underutilization of leverage opportunities that could potentially enhance returns for shareholders.
Overall, the sustained 0.00 debt-to-assets ratio for McKesson Corporation portrays a conservative capital structure strategy and a strong financial position in terms of having no reported debt obligations in relation to its total assets.
Peer comparison
Mar 31, 2025