Bio-Techne Corp (TECH)

Debt-to-capital ratio

Jun 30, 2025 Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 1,918,810 2,068,850 1,966,520 1,701,010 1,571,230
Debt-to-capital ratio 0.00 0.00 0.00 0.00 0.00

June 30, 2025 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,918,810K)
= 0.00

The debt-to-capital ratio for Bio-Techne Corp remains consistently at zero across the analyzed period from June 30, 2021, through June 30, 2025. This indicates that the company has not reported any debt relative to its capital structure during these years. Such a stable and zero ratio suggests that Bio-Techne Corp operates with minimal or no reliance on debt financing, potentially relying on equity or internal funding sources to support its operations and growth initiatives. The persistent absence of debt implies a conservative financial strategy with an emphasis on maintaining a debt-free profile, which may contribute to lower financial risk and increased financial flexibility.