The Chefs Warehouse Inc (CHEF)
Debt-to-equity 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-equity ratio | 1.28 | 1.39 | 1.43 | 1.49 | 1.46 | 1.59 | 1.68 | 1.61 | 1.63 | 1.28 | 1.05 | 1.11 | 1.13 | 1.16 | 1.19 | 1.21 | 1.16 | 1.05 | 1.03 | 1.55 |
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 of The Chefs Warehouse Inc has shown a fluctuating trend over the analyzed period. Starting at 1.55 on March 31, 2020, the ratio decreased to 1.03 by June 30, 2020, indicating a reduction in the company's financial leverage. However, the ratio increased gradually to 1.68 by June 30, 2023, suggesting an increase in debt relative to equity.
Subsequently, the ratio slightly declined to 1.28 by December 31, 2024. This suggests that there has been some volatility in the company's capital structure during the period under review. Overall, a debt-to-equity ratio above 1 indicates that the company has more debt than equity in its capital structure, which may imply higher financial risk but could also reflect strategic leveraging for growth or operational needs.
Peer comparison
Dec 31, 2024