Constellation Brands Inc Class A (STZ)

Debt-to-assets ratio

		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	May 31, 2020
Long-term debt	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total assets	US$ in thousands	21,652,300	22,806,200	23,079,100	26,060,100	25,691,700	25,057,400	24,930,000	24,759,200	24,662,300	24,463,000	24,280,900	25,841,100	25,855,800	25,527,300	25,340,300	26,192,400	27,104,800	27,630,600	26,462,500	26,149,800
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

February 28, 2025 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $21,652,300K
= 0.00

Constellation Brands Inc Class A has consistently maintained a debt-to-assets ratio of 0.00 across multiple reporting periods, indicating that the company has not utilized debt to finance its assets. This suggests that the company has a strong financial position with a minimal reliance on debt to support its operations and investments. A debt-to-assets ratio of 0.00 signifies that the company's assets are primarily funded by equity, providing investors and stakeholders with a sense of stability and financial strength. Overall, Constellation Brands Inc Class A's consistent low debt-to-assets ratio reflects its prudent financial management and ability to manage its capital structure effectively.