Flowers Foods Inc (FLO)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.75 | 0.00 | 0.73 | 0.00 | 0.73 | 0.00 | 0.00 | 0.62 | 0.00 | 0.00 | 0.61 | 0.00 | 0.00 | 0.63 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,410,110K
= 0.00
Flowers Foods Inc's debt-to-equity ratio has varied over time based on the provided data. The ratio was consistently at 0.00 between September 30, 2021, and June 30, 2022, indicating that the company had relatively no debt during this period.
The ratio increased to 0.61 on April 23, 2022, and then fluctuated between 0.62 and 0.75 from October 8, 2022, to October 7, 2023. These fluctuations suggest that Flowers Foods Inc started to utilize more debt in relation to equity during this period.
The highest recorded debt-to-equity ratio of 0.75 was observed on October 7, 2023, and December 31, 2023. Afterward, the ratio decreased back to 0.00 on March 31, 2024, and remained at this level until the end of the data on December 31, 2024.
Overall, Flowers Foods Inc's debt-to-equity ratio indicates that the company has generally maintained a low level of debt in relation to equity, with occasional fluctuations showing periods of increased debt utilization. A consistent ratio of 0.00 reflects a strong equity position compared to debt, while the periods of higher ratios may suggest strategic decisions to leverage debt for various financial purposes.
Peer comparison
Dec 31, 2024