Mueller Water Products (MWA)
Debt-to-assets ratio
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 1,635,900 | 1,505,000 | 1,498,100 | 1,518,000 | 1,395,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
September 30, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,635,900K
= 0.00
The data indicates that Mueller Water Products consistently maintained a debt-to-assets ratio of 0.00 from September 30, 2020, through September 30, 2024. This uniformity suggests that the company has not reported any debt obligations during this period, implying an entirely equity-financed capital structure or the absence of significant long-term or short-term debt at these points in time. The persistent zero ratio reflects a conservative financial policy regarding leveraging and indicates that Mueller Water Products has likely relied on internal funding sources rather than external debt to finance its assets over these years.
Peer comparison
Sep 30, 2024