Leggett & Platt Incorporated (LEG)

Debt-to-assets ratio

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Long-term debt US$ in thousands
Total assets US$ in thousands 3,661,600 3,780,100 3,838,800 4,614,800 4,634,500 5,077,600 5,144,300 5,270,000 5,186,100 5,175,200 5,230,600 5,341,800 5,307,300 5,235,100 5,150,100 4,911,600 4,754,000 4,663,800 4,582,100 4,982,000
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $3,661,600K
= 0.00

The debt-to-assets ratio of Leggett & Platt Incorporated has consistently remained at 0.00% across all reported periods from March 31, 2020, to December 31, 2024. This indicates that the company has not had any debt in relation to its total assets during this time frame. A debt-to-assets ratio of 0.00% suggests that the company has not relied on debt financing to fund its operations, acquisitions, or investments. This can be viewed positively as it signals a lower financial risk and potentially better financial health for the company. It also implies that the company may have a strong balance sheet with a significant proportion of assets financed through equity.


Peer comparison

Dec 31, 2024

Company name
Symbol
Debt-to-assets ratio
Leggett & Platt Incorporated
LEG
0.00
La-Z-Boy Incorporated
LZB
0.00
Somnigroup International Inc.
SGI
0.00