Neogen Corporation (NEOG)
Debt-to-assets ratio
| May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 3,443,840 | 4,036,340 | 4,054,090 | 4,503,170 | 4,584,160 | 4,582,490 | 4,602,420 | 4,561,100 | 4,554,430 | 4,508,760 | 4,563,240 | 977,405 | 992,929 | 979,898 | 966,680 | 932,106 | 920,192 | 880,216 | 845,626 | 821,592 |
| Debt-to-assets 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 |
May 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $3,443,840K
= 0.00
The debt-to-assets ratio of Neogen Corporation has consistently been reported at 0.00 across all available periods from August 31, 2020, through May 31, 2025. This indicates that the company's total liabilities have historically been negligible or zero relative to its total assets throughout this time frame. Such a ratio suggests that Neogen Corporation has maintained a financially conservative or debt-free capital structure during this period, relying primarily on equity or internally generated funds rather than borrowed capital to finance its assets. The persistent absence of debt contributions signifies a stable financial position with minimal leverage, reducing financial risk associated with debt obligations.
Peer comparison
May 31, 2025