Flowers Foods Inc (FLO)
Debt-to-capital ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Oct 7, 2023 | Sep 30, 2023 | Jul 15, 2023 | Jun 30, 2023 | Apr 22, 2023 | Mar 31, 2023 | Dec 31, 2022 | Oct 8, 2022 | Sep 30, 2022 | Jun 30, 2022 | Apr 23, 2022 | Mar 31, 2022 | Dec 31, 2021 | Oct 9, 2021 | Sep 30, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | 1,037,840 | — | 1,074,540 | — | 1,063,240 | — | — | 891,542 | — | — | 891,007 | — | — | 890,180 | — |
| Total stockholders’ equity | US$ in thousands | 1,410,110 | 1,406,530 | 1,384,410 | 1,375,880 | 1,351,780 | 1,374,650 | 1,374,650 | 1,470,070 | 1,470,070 | 1,461,590 | 1,461,590 | 1,443,290 | 1,434,760 | 1,434,760 | 1,447,470 | 1,459,420 | 1,459,420 | 1,411,270 | 1,411,930 | 1,411,930 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.43 | 0.00 | 0.42 | 0.00 | 0.42 | 0.00 | 0.00 | 0.38 | 0.00 | 0.00 | 0.38 | 0.00 | 0.00 | 0.39 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,410,110K)
= 0.00
Flowers Foods Inc's debt-to-capital ratio fluctuated over the period from September 2021 to December 2024. The ratio was consistently at 0.00, indicating that the company had no debt relative to its capital during those periods. However, there were occasional spikes in the ratio, such as in October 2021, April 2022, October 2022, April 2023, July 2023, and October 2023, where the ratio ranged from 0.38 to 0.43. These spikes suggest that Flowers Foods Inc took on some debt relative to its capital during those specific periods. Overall, the company's debt-to-capital ratio remained relatively low, indicating a conservative approach to debt management.
Peer comparison
Dec 31, 2024