Bio-Techne Corp (TECH)

Debt-to-assets ratio

Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020
Long-term debt US$ in thousands
Total assets US$ in thousands 2,557,870 2,644,260 2,670,420 2,736,020 2,813,190 2,721,170 2,730,750 2,755,360 2,638,690 2,599,700 2,363,400 2,350,720 2,294,800 2,299,890 2,304,850 2,270,190 2,262,960 2,084,640 2,067,870 2,053,100
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

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 has consistently been reported at 0.00 across all observed periods from September 30, 2020, through June 30, 2025. This indicates that the company has not reported any long-term or short-term debt relative to its total assets during this timeframe. A ratio of zero suggests that the company's assets are entirely financed through equity and retained earnings, with no reliance on debt financing. This financial structure signifies a conservative approach to capital management, with minimal or no leverage employed. The consistently null ratio over multiple fiscal periods points toward a stable, debt-free balance sheet for Bio-Techne Corp, which may influence its risk profile and borrowing capacity.