Constellation Brands Inc Class A (STZ)

Debt-to-capital 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 stockholders’ equity	US$ in thousands	7,134,800	7,817,800	7,870,800	10,251,800	9,743,100	9,471,000	9,390,800	8,585,000	8,413,600	8,389,500	9,389,000	11,231,400	11,731,900	11,238,300	11,192,700	12,261,600	13,598,900	13,312,100	11,688,000	11,066,000
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

February 28, 2025 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $7,134,800K)
= 0.00

The debt-to-capital ratio of Constellation Brands Inc Class A has consistently remained at 0.00 from May 31, 2020, to February 28, 2025. This indicates that the company has not relied on debt to finance its operations and investments significantly when compared to its total capital structure. A low or zero debt-to-capital ratio can suggest a financially stable company with a strong capital base and minimal financial risk associated with debt obligations. Constellation Brands Inc Class A’s consistent 0.00 debt-to-capital ratio demonstrates a conservative approach towards leveraging debt to fund its operations and growth initiatives.