Microsoft Corporation (MSFT)
Debt-to-capital ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 343,479,000 | 268,477,000 | 206,223,000 | 166,542,000 | 141,988,000 |
| Debt-to-capital ratio | 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 + $343,479,000K)
= 0.00
The debt-to-capital ratio for Microsoft Corporation has consistently been reported as 0.00 from June 30, 2021, through June 30, 2025. This indicates that during this period, the company did not carry any long-term or short-term debt relative to its total capital at these points in time. A debt-to-capital ratio of zero suggests that Microsoft’s capital structure has been entirely equity-financed, reflecting a conservative leverage position with no reliance on debt financing. This stability over multiple years signifies a sustained avoidance of debt issuance, which may be indicative of a strategic choice to maintain financial flexibility and minimize interest obligations, or a strong cash position that obviates the need for external debt.
Peer comparison
Jun 30, 2025