Boise Cascad Llc (BCC)
Debt-to-assets 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 | 445,280 | 445,058 | 444,836 | 444,614 | 444,392 | 444,175 | 445,045 | 444,836 | 444,628 | 444,419 | 444,210 | 444,001 | 443,792 | 443,583 | 440,178 | 439,915 | 440,544 | 440,265 | 439,986 | 439,707 |
| Total assets | US$ in thousands | 3,458,650 | 3,642,430 | 3,476,390 | 3,362,190 | 3,240,510 | 3,348,530 | 3,135,170 | 3,105,930 | 2,572,640 | 2,588,360 | 2,647,440 | 2,278,740 | 1,965,720 | 2,059,840 | 1,841,080 | 1,755,370 | 1,693,350 | 1,785,920 | 1,732,810 | 1,687,050 |
| Debt-to-assets ratio | 0.13 | 0.12 | 0.13 | 0.13 | 0.14 | 0.13 | 0.14 | 0.14 | 0.17 | 0.17 | 0.17 | 0.19 | 0.23 | 0.22 | 0.24 | 0.25 | 0.26 | 0.25 | 0.25 | 0.26 |
December 31, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $445,280K ÷ $3,458,650K
= 0.13
Boise Cascade Co's debt-to-assets ratio has remained relatively stable over the past eight quarters, ranging between 0.13 and 0.15. This ratio indicates that, on average, the company finances approximately 13% to 15% of its total assets through debt. The consistency of the ratio suggests that Boise Cascade Co has maintained a healthy balance between debt and assets in its capital structure. Despite minor fluctuations, the company's debt levels have not shown any significant increase or decrease over this period. Overall, the trend in the debt-to-assets ratio for Boise Cascade Co reflects a prudent approach to managing its leverage and financial risk.
Peer comparison
Dec 31, 2023