B&G Foods Inc (BGS)

Debt-to-capital ratio

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 Mar 31, 2020
Long-term debt US$ in thousands 2,014,820 1,813,960 1,779,030 2,014,150 2,023,090 1,929,140 2,245,630 2,281,460 2,339,050 2,418,090 2,292,140 2,281,200 2,267,760 2,406,830 2,325,910 2,329,990 2,334,090 1,804,590 1,874,440 1,974,860
Total stockholders’ equity US$ in thousands 524,807 755,307 765,011 781,220 835,463 840,639 866,363 861,819 868,166 841,574 940,181 913,966 920,254 830,622 841,605 840,614 831,877 843,376 817,149 796,287
Debt-to-capital ratio 0.79 0.71 0.70 0.72 0.71 0.70 0.72 0.73 0.73 0.74 0.71 0.71 0.71 0.74 0.73 0.73 0.74 0.68 0.70 0.71

December 31, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $2,014,820K ÷ ($2,014,820K + $524,807K)
= 0.79

The debt-to-capital ratio of B&G Foods Inc has shown a relatively stable trend over the analyzed period from March 31, 2020, to December 31, 2024. The ratio fluctuated within a range of 0.68 to 0.79, indicating that the company maintains a moderate level of debt compared to its total capital structure.

The highest observed ratio of 0.79 on December 31, 2024, suggests a slightly increased reliance on debt for financing compared to the lower ratios observed in the previous quarters. However, overall, the variations in the debt-to-capital ratio appear to be within a reasonable range and do not indicate excessive leverage that may pose a significant risk to the company's financial health.

It is essential to monitor the trend of the debt-to-capital ratio over time to assess the company's ability to manage its debt obligations effectively and maintain a healthy balance between debt and equity in its capital structure.