H B Fuller Company (FUL)
Debt-to-capital ratio
| Nov 30, 2024 | Aug 31, 2024 | Jun 1, 2024 | Mar 2, 2024 | Dec 2, 2023 | Sep 2, 2023 | Jun 3, 2023 | Mar 4, 2023 | Dec 3, 2022 | Aug 27, 2022 | May 28, 2022 | Feb 26, 2022 | Nov 27, 2021 | Aug 28, 2021 | May 29, 2021 | Feb 27, 2021 | Nov 28, 2020 | Aug 29, 2020 | May 30, 2020 | Feb 29, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 2,010,050 | 2,020,270 | 2,023,520 | 1,829,250 | 1,836,590 | 1,872,470 | 1,852,040 | 1,845,280 | 1,736,260 | 1,885,040 | 1,903,980 | 1,888,260 | 1,591,480 | 1,636,690 | 1,685,550 | 1,741,890 | 1,756,980 | 1,847,840 | 1,908,340 | 1,904,900 |
| Total stockholders’ equity | US$ in thousands | 1,828,660 | 1,840,990 | 1,791,390 | 1,767,520 | 1,755,200 | 1,726,440 | 1,682,490 | 1,633,470 | 1,610,170 | 1,578,090 | 1,614,150 | 1,645,250 | 1,596,770 | 1,567,290 | 1,562,630 | 1,441,620 | 1,381,320 | 1,313,390 | 1,218,370 | 1,221,600 |
| Debt-to-capital ratio | 0.52 | 0.52 | 0.53 | 0.51 | 0.51 | 0.52 | 0.52 | 0.53 | 0.52 | 0.54 | 0.54 | 0.53 | 0.50 | 0.51 | 0.52 | 0.55 | 0.56 | 0.58 | 0.61 | 0.61 |
November 30, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $2,010,050K ÷ ($2,010,050K + $1,828,660K)
= 0.52
The debt-to-capital ratio of H B Fuller Company has exhibited a gradual decreasing trend from 0.61 as of February 29, 2020, to 0.52 as of November 30, 2024. This ratio indicates the proportion of a company's total debt to its total capital, including both debt and equity. The decreasing trend suggests that the company has been effectively managing its debt levels relative to its total capital over the analyzed period. The decreasing ratio indicates that the company is relying less on debt financing in relation to its total capital, which can be viewed positively by investors and creditors as it implies a stronger financial position and lower financial risk. It is important to continue monitoring this ratio along with other financial metrics to assess the company's overall financial health and risk profile.
Peer comparison
Nov 30, 2024