Ethan Allen Interiors Inc (ETD)

Debt-to-equity ratio

Jun 30, 2024 Mar 31, 2024 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
Long-term debt US$ in thousands 50,000 50,000
Total stockholders’ equity US$ in thousands 482,980 477,391 472,926 462,584 471,028 453,203 437,085 415,772 407,349 383,976 365,769 345,070 351,443 356,602 347,579 332,941 328,065 339,224 362,788 370,447
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 0.15 0.15 0.00 0.00 0.00

June 30, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $482,980K
= 0.00

The debt-to-equity ratio of Ethan Allen Interiors Inc has remained consistently low at 0.00 in the recent quarters, indicating that the company has no debt on its balance sheet relative to its equity. This signifies a strong financial position with a lower financial risk as the company relies more on equity financing rather than debt financing. The sudden uptick to 0.15 in the September 30, 2020 quarter may warrant further investigation or could be attributed to a temporary increase in debt levels during that period. Overall, the company's debt-to-equity ratio suggests a conservative capital structure and a stable financial footing.


Peer comparison

Jun 30, 2024

Company name
Symbol
Debt-to-equity ratio
Ethan Allen Interiors Inc
ETD
0.00
MasterBrand Inc.
MBC
0.58