The Chefs Warehouse Inc (CHEF)
Debt-to-equity 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-equity ratio | 1.28 | 1.46 | 1.63 | 1.13 | 1.16 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $688,744K ÷ $537,646K
= 1.28
The debt-to-equity ratio for The Chefs Warehouse Inc has shown some fluctuations over the past five years. Starting at 1.16 as of December 31, 2020, the ratio decreased slightly to 1.13 by December 31, 2021. However, there was a notable increase in the ratio to 1.63 by December 31, 2022, indicating a higher level of debt relative to equity during that period. Subsequently, the ratio decreased to 1.46 by December 31, 2023, and further dropped to 1.28 by December 31, 2024. Despite the fluctuations, the trend suggests that the company has been managing its debt and equity structure, although the increase in 2022 warrants further investigation into the company's financial health and capital structure decisions.
Peer comparison
Dec 31, 2024