Arcosa Inc (ACA)

Debt-to-capital ratio

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 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 2,332,000 2,315,300 2,277,300 2,243,200 2,184,400 2,031,300 1,996,000 1,977,600 1,953,300 1,940,900 1,920,500 1,911,300 1,892,200 1,881,600 1,849,100 1,816,000 1,790,400 1,765,600 1,734,300 1,705,200
Debt-to-capital 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

December 31, 2023 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $2,332,000K)
= 0.00

The debt-to-capital ratio for Arcosa Inc has shown consistent stability over the last eight quarters, ranging from 0.18 to 0.26. The ratio indicates the proportion of the company's capital that is financed through debt.

In the most recent quarter, Q4 2023, the debt-to-capital ratio stands at 0.20, which suggests that 20% of the company's capital is funded by debt. This ratio is in line with the previous quarters, reaffirming the company's ability to maintain a healthy balance between debt and equity financing.

Overall, the consistent range of the debt-to-capital ratio indicates that Arcosa Inc has managed its debt levels effectively, striking a balance between leveraging debt for growth opportunities while also maintaining a solid capital base. It implies a moderate level of financial risk and a prudent approach to capital structure management.


Peer comparison

Dec 31, 2023

Company name
Symbol
Debt-to-capital ratio
Arcosa Inc
ACA
0.00
Proto Labs Inc
PRLB
0.00
Valmont Industries Inc
VMI
0.45