Monro Muffler Brake Inc (MNRO)
Debt-to-assets ratio
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Dec 23, 2023 | Sep 30, 2023 | Sep 23, 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | 94,000 | — | 55,000 | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | — | 1,669,930 | 1,681,300 | 1,712,240 | 1,692,810 | 1,733,100 | 1,733,100 | 1,726,770 | 1,726,770 | 1,754,020 | 1,776,880 | 1,799,180 | 1,789,070 | 1,815,730 | 1,871,410 | 1,889,190 | 1,853,360 | 1,891,770 | 1,811,810 | 1,830,680 |
| Debt-to-assets ratio | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.05 | 0.00 | 0.03 | 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 ÷ $—K
= —
The debt-to-assets ratio of Monro Muffler Brake Inc has been consistently low, at 0.00, for the periods from December 31, 2020, to March 31, 2025, indicating that there was no debt relative to the company's total assets during these periods. However, there was a slight increase in the debt-to-assets ratio in the most recent reporting period as of March 31, 2025. This increase to 0.03 as of September 23, 2023, and further to 0.05 as of December 23, 2023, could suggest that the company has taken on some debt relative to its asset base during these specific quarters.
The sudden increase in the debt-to-assets ratio in the latter part of 2023 may be a point of attention for investors and stakeholders as it represents a change from the historically debt-free status of the company. Further monitoring of the debt levels and management's strategy to maintain a healthy balance between debt and assets would be essential to ensure the financial stability of Monro Muffler Brake Inc.
Peer comparison
Mar 31, 2025