Transdigm Group Incorporated (TDG)
Debt-to-capital ratio
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | 19,384,000 |
| Total stockholders’ equity | US$ in thousands | -6,290,000 | -1,984,000 | -3,773,000 | -2,916,000 | -3,972,000 |
| Debt-to-capital ratio | — | — | — | — | 1.26 |
September 30, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $-6,290,000K)
= —
The debt-to-capital ratio for Transdigm Group Incorporated for the fiscal years ending September 30, 2020 to 2023 is not available in the provided data. However, based on the available information, the debt-to-capital ratio was 1.26 as of September 30, 2020. This indicates that the company had a debt level equivalent to 126% of its total capital at that time.
The absence of more recent data limits the trend analysis for the debt-to-capital ratio over the years. A high debt-to-capital ratio can suggest that a company relies heavily on debt to finance its operations, which may pose risks related to debt servicing and financial stability. It is essential for investors and creditors to monitor changes in the debt-to-capital ratio over time to assess the company's financial leverage and risk profile accurately.