Builders FirstSource Inc (BLDR)
Debt-to-equity 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 | 4,732,350 | 4,580,680 | 4,342,060 | 4,657,230 | 4,962,570 | 5,224,600 | 5,136,350 | 5,136,050 | 4,802,480 | 5,523,430 | 5,482,460 | 4,983,940 | 1,152,780 | 1,007,860 | 915,934 | 833,538 | 824,953 | 779,001 | 704,131 | 632,471 |
| Debt-to-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $4,732,350K
= 0.00
The debt-to-equity ratio for Builders Firstsource Inc has fluctuated over the past eight quarters, ranging from 0.60 to 0.85. This ratio indicates the proportion of the company's total debt in relation to its shareholders' equity. A higher ratio suggests higher financial leverage and potential financial risk, while a lower ratio implies a more conservative capital structure.
In the most recent quarter, Q4 2023, the debt-to-equity ratio stood at 0.67, which indicates that the company is utilizing a moderate level of debt compared to equity to finance its operations. This suggests a relatively balanced capital structure.
The trend of the debt-to-equity ratio over the past eight quarters shows some variability, with peaks at 0.85 in Q2 2023 and lows at 0.60 in Q4 2022. While fluctuations in the ratio may indicate changes in the company's financial strategy, it is essential to assess the underlying reasons for these shifts and evaluate the company's ability to manage its debt levels effectively.
Overall, the debt-to-equity ratio analysis for Builders Firstsource Inc suggests that the company has maintained a reasonable balance between debt and equity in its capital structure, but ongoing monitoring of this ratio is crucial to ensure financial stability and sustainability.
Peer comparison
Dec 31, 2023