Flowers Foods Inc (FLO)
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 | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,410,110 | 1,351,780 | 1,443,290 | 1,411,270 | 1,372,990 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,410,110K
= 0.00
The debt-to-equity ratio for Flowers Foods Inc remained at 0.00 from December 31, 2020, through December 31, 2024. This consistency indicates that the company did not utilize any debt to finance its operations and relied solely on equity during this period. A debt-to-equity ratio of 0.00 suggests a conservative financing structure with minimal financial leverage, indicating lower financial risk but potentially limiting the company's ability to benefit from the tax advantages of debt financing. Flowers Foods' stable debt-to-equity ratio over the years may reflect a strategic decision to maintain a strong balance sheet and financial stability through internal resources and equity funding.
Peer comparison
Dec 31, 2024