The Chefs Warehouse Inc (CHEF)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 688,744 | 664,802 | 653,504 | 394,160 | 398,084 |
| Total stockholders’ equity | US$ in thousands | 537,646 | 454,672 | 401,509 | 350,211 | 344,590 |
| Debt-to-capital ratio | 0.56 | 0.59 | 0.62 | 0.53 | 0.54 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $688,744K ÷ ($688,744K + $537,646K)
= 0.56
The debt-to-capital ratio for The Chefs Warehouse Inc has shown a fluctuating trend over the past five years according to the provided data. It decreased from 0.54 in 2020 to 0.53 in 2021, indicating a slight improvement in the company's debt management. However, in the subsequent years, the ratio increased to 0.62 in 2022, then decreased to 0.59 in 2023, and finally dropped to 0.56 in 2024.
Overall, the company's debt-to-capital ratio has remained relatively stable within the range of 0.53 to 0.62 during the period under consideration. This suggests that The Chefs Warehouse Inc has maintained a moderate level of debt relative to its capital structure over the years, balancing its use of debt financing with equity. Investors and stakeholders may view this ratio as an indicator of the company's solvency and financial risk management.
Peer comparison
Dec 31, 2024