Mueller Water Products (MWA)
Debt-to-equity ratio
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 810,100 | 711,500 | 669,300 | 694,900 | 640,700 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
September 30, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $810,100K
= 0.00
The debt-to-equity ratio for Mueller Water Products over the period from September 30, 2020, through September 30, 2024, remains consistently at zero. This indicates that the company has not reported any long-term or short-term debt obligations relative to its equity during these fiscal years. A debt-to-equity ratio of zero suggests that Mueller Water Products relies entirely on equity financing and has not engaged in leveraging via debt instruments within this timeframe. This financial structure reflects a conservative approach to capital management, potentially minimizing financial risk associated with debt obligations. However, it may also imply limited use of leverage to fund growth initiatives, which could influence the company's potential for expansion and return on equity.
Peer comparison
Sep 30, 2024