Constellation Brands Inc Class A (STZ)

Debt-to-assets ratio

		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	Feb 29, 2020
Long-term debt	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total assets	US$ in thousands	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	27,323,200
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

November 30, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $22,806,200K
= 0.00

The debt-to-assets ratio for Constellation Brands Inc Class A has consistently been reported as 0.00 across multiple financial reporting periods from February 29, 2020, to November 30, 2024. This indicates that the company has no debt relative to its total assets during these periods. A debt-to-assets ratio of 0.00 suggests that the company has not borrowed funds to finance its operations or investments and has primarily relied on equity financing. It signifies a strong financial position with a low risk of financial distress due to debt obligations. Investors and creditors may view a consistently low debt-to-assets ratio positively, as it indicates a financially stable and well-capitalized company.