Floor & Decor Holdings Inc (FND)
Debt-to-capital 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 | 2,170,160 | 1,930,990 | 1,657,180 | 1,323,200 | 997,388 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $2,170,160K)
= 0.00
Floor & Decor Holdings Inc has consistently maintained a debt-to-capital ratio of 0.00 over the five-year period from 2020 to 2024. This indicates that the company has not used debt to finance its operations or growth during this period. A debt-to-capital ratio of 0.00 suggests that the company's capital structure is primarily equity-funded, which may signify a lower financial risk and greater financial stability. However, it is important to note that a low debt-to-capital ratio may also indicate limited access to debt financing for potential expansion opportunities, as the company is not leveraging debt to enhance returns. Overall, a consistent debt-to-capital ratio of 0.00 reflects Floor & Decor Holdings Inc's conservative approach to capital structure and financial management.
Peer comparison
Dec 31, 2024