Advanced Drainage Systems Inc (WMS)

Debt-to-assets ratio

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 Jun 30, 2020
Long-term debt US$ in thousands
Total assets US$ in thousands 3,690,360 3,602,250 3,535,750 3,447,540 3,314,040 3,161,960 3,137,970 3,048,670 2,901,120 3,005,660 3,177,600 3,225,360 2,649,760 2,555,760 2,506,620 2,474,620 2,413,830 2,342,440 2,373,370 2,415,030
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

March 31, 2025 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $3,690,360K
= 0.00

The debt-to-assets ratio of Advanced Drainage Systems Inc has consistently been 0.00 over the period from June 30, 2020, to March 31, 2025. This indicates that the company has not relied on debt to finance its assets during this period. A debt-to-assets ratio of 0.00 implies that the company's total debt is negligible in comparison to its total assets, reflecting a strong financial position with minimal financial risk related to debt obligations. This stability in the debt-to-assets ratio suggests that the company has been managing its capital structure effectively and does not have significant financial leverage impacting its operations.