Monro Muffler Brake Inc (MNRO)
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 | 620,761 | 656,775 | 694,922 | 782,906 | 749,684 |
| 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 + $620,761K)
= 0.00
The debt-to-capital ratio of Monro Muffler Brake Inc has consistently been at 0.00 for the past five years, from March 31, 2021, to March 31, 2025. This indicates that the company has not used any debt to finance its operations and growth during this period. A debt-to-capital ratio of 0.00 suggests that the company relies solely on equity financing, which can be a positive sign as it implies lower financial risk and potential interest expenses. However, it's important to note that a very low debt-to-capital ratio can also indicate a conservative approach to capital structure and potential missed opportunities for leveraging debt for potential growth or tax benefits. It would be beneficial for stakeholders to further analyze the company's financial strategy and risk management approach to understand the rationale behind its consistently low debt levels.
Peer comparison
Mar 31, 2025