Universal Corporation (UVV)
Debt-to-assets ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 2,989,550 | 2,937,240 | 2,639,180 | 2,586,340 | 2,341,920 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
March 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,989,550K
= 0.00
The debt-to-assets ratio for Universal Corporation has consistently remained at 0.00 from March 31, 2021, to March 31, 2025. This indicates that the company has not utilized any debt to finance its assets during this period. A debt-to-assets ratio of 0.00 implies that the company's assets are entirely financed by equity, which may signify a strong financial position and low financial risk. However, it is essential to consider other factors such as the cost of capital and potential limitations on growth opportunities due to the absence of debt financing. Overall, Universal Corporation's consistent 0.00 debt-to-assets ratio suggests a conservative financial strategy regarding leverage and a solid capital structure.
Peer comparison
Mar 31, 2025