The Chefs Warehouse Inc (CHEF)
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 23, 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 | 688,744 | 666,558 | 660,759 | 667,290 | 664,802 | 689,207 | 709,073 | 654,417 | 653,504 | 493,148 | 392,980 | 393,565 | 394,160 | 394,979 | 395,543 | 396,489 | 398,084 | 396,636 | 397,818 | 495,860 |
| Total stockholders’ equity | US$ in thousands | 537,646 | 480,345 | 461,879 | 447,793 | 454,672 | 434,782 | 422,975 | 405,952 | 401,509 | 384,949 | 373,687 | 354,425 | 350,211 | 339,066 | 333,049 | 328,016 | 344,590 | 378,008 | 387,317 | 319,617 |
| Debt-to-capital ratio | 0.56 | 0.58 | 0.59 | 0.60 | 0.59 | 0.61 | 0.63 | 0.62 | 0.62 | 0.56 | 0.51 | 0.53 | 0.53 | 0.54 | 0.54 | 0.55 | 0.54 | 0.51 | 0.51 | 0.61 |
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 fluctuations over the analyzed period, ranging from 0.51 to 0.63. The ratio indicates the proportion of the company's capital structure that is financed by debt, with a higher ratio suggesting higher financial leverage.
The trend shows that the company's debt-to-capital ratio initially increased from 0.51 in June 2020 to 0.62 in December 2022, before slightly decreasing to 0.56 by December 2024. This indicates that the company has been relying more on debt financing relative to its capital structure during this period.
Overall, the company's debt-to-capital ratio appears to have stabilized between 0.56 and 0.60 in recent quarters, suggesting a relatively consistent level of debt utilization as part of its overall capital structure. This ratio is important for investors and creditors as it provides insights into the company's financial risk and leverage position.
Peer comparison
Dec 31, 2024