Mueller Water Products (MWA)
Debt-to-capital ratio
| 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 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 873,600 | 834,100 | 810,100 | 791,600 | 754,500 | 731,200 | 711,500 | 714,200 | 700,900 | 687,800 | 669,300 | 703,800 | 706,100 | 691,900 | 694,900 | 683,200 | 669,400 | 655,200 | 640,700 | 609,700 |
| 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 |
March 31, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $873,600K)
= 0.00
The data indicates that Mueller Water Products has maintained a debt-to-capital ratio of zero across all observed periods from June 30, 2020, through March 31, 2025. This consistent reading suggests that the company has not reported any long-term or short-term debt in its capital structure during this timeframe. Consequently, the company's capital appears to be entirely composed of equity, with no reliance on debt financing. This financial profile implies a conservative approach to leverage, potentially reflecting strong cash reserves, a preference for avoiding debt, or a strategic capital structure that relies solely on equity to fund operations and growth initiatives.
Peer comparison
Mar 31, 2025