McKesson Corporation (MCK)

Debt-to-equity ratio

		Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Long-term debt	US$ in thousands	—	—	—	6,406,000	6,335,000
Total stockholders’ equity	US$ in thousands	-1,971,000	-1,857,000	-2,272,000	-21,000	5,092,000
Debt-to-equity ratio		—	—	—	—	1.24

March 31, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $-1,971,000K
= —

The debt-to-equity ratio for McKesson Corporation is not available for the years ending March 31, 2024, 2023, and 2022. However, as of March 31, 2021, the company had a debt-to-equity ratio of 1.24. This indicates that for every dollar of equity, McKesson had $1.24 in debt. A debt-to-equity ratio above 1 implies that the company relied more on debt financing than equity financing. It is important to track this ratio over time to assess the company's leverage and financial risk management.