Tapestry Inc (TPR)
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 | 6,580,500 | 13,396,300 | 7,116,800 | 7,265,300 | 8,382,400 |
| 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 ÷ $6,580,500K
= 0.00
The data indicates that Tapestry Inc maintained a debt-to-assets ratio of zero across all reported periods from June 30, 2021, through June 30, 2025. This consistent zero ratio suggests that the company did not carry any debt obligations relative to its total assets during these years. Such a financial profile implies a debt-free capital structure, which can be indicative of a strong equity position or conservative leverage strategy. It is noteworthy that a debt-to-assets ratio of zero means the company's assets are fully financed through equity or other non-debt sources, reflecting a potentially lower risk profile associated with leverage. However, the absence of debt may also suggest limited use of debt financing to fund growth initiatives or manage liquidity, depending on the company's strategic approach.
Peer comparison
Jun 30, 2025