Bio-Techne Corp (TECH)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 1,918,810 | 2,018,020 | 2,078,490 | 2,138,650 | 2,068,850 | 2,014,380 | 1,963,560 | 1,997,750 | 1,966,520 | 1,889,690 | 1,827,110 | 1,751,150 | 1,701,010 | 1,713,320 | 1,702,530 | 1,646,960 | 1,571,230 | 1,547,940 | 1,530,850 | 1,439,280 |
| Debt-to-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,918,810K
= 0.00
The analysis of Bio-Techne Corp's debt-to-equity ratio over the period from September 2020 through June 2025 indicates a consistent value of zero throughout all recorded dates. This uniformity suggests that the company has maintained a financial structure characterized by the absence of debt obligations relative to its equity. A debt-to-equity ratio of zero reflects that the company has not utilized leverage through borrowed funds during this timeframe, implying a reliance solely on shareholders’ equity to finance its assets. Such a capital structure may point to conservative financial management focused on maintaining a debt-free status, potentially reducing financial risk and interest expense but possibly limiting leverage for growth opportunities.
Peer comparison
Jun 30, 2025