Bio-Techne Corp (TECH)
Debt-to-assets ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 2,557,870 | 2,703,870 | 2,638,690 | 2,294,800 | 2,262,960 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
June 30, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,557,870K
= 0.00
The debt-to-assets ratio for Bio-Techne Corp remains consistently at zero across the specified reporting periods from June 30, 2021, to June 30, 2025. This indicates that the company has not utilized debt financing during this timeframe and solely relies on equity or other non-debt sources to fund its assets. A zero debt-to-assets ratio suggests that Bio-Techne Corp's asset base is fully financed without leverage, reflecting a conservative financial structure with no current reliance on borrowed capital. This consistent absence of debt underscores the company's potentially strong liquidity position and lower financial risk associated with leverage, but it may also suggest limited use of debt to fund growth initiatives or operational expansion.
Peer comparison
Jun 30, 2025