Mercury Systems Inc (MRCY)
Debt-to-capital ratio
| Jun 30, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,473,460 | 1,451,090 | 1,460,280 | 1,459,840 | 1,472,780 | 1,472,790 | 1,504,490 | 1,540,810 | 1,566,680 | 1,560,900 | 1,544,090 | 1,538,930 | 1,537,180 | 1,500,440 | 1,487,120 | 1,479,480 | 1,484,150 | 1,453,980 | 1,430,630 | 1,407,890 |
| Debt-to-capital 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 |
June 30, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,473,460K)
= 0.00
The data indicates that Mercury Systems Inc consistently maintained a debt-to-capital ratio of zero across all reported periods from September 30, 2020, through June 30, 2025. This zero ratio signifies that the company has not employed debt financing relative to its total capital during this timeframe. Such a consistent zero debt-to-capital ratio suggests that Mercury Systems Inc has relied entirely on equity or other non-debt sources of capital, reflecting a potentially conservative financial strategy focused on maintaining a debt-free capital structure. The absence of debt implies no leverage risk associated with borrowings, which may influence the company's financial flexibility, cost of capital, and risk profile.
Peer comparison
Jun 30, 2025