Louisiana-Pacific Corporation (LPX)
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 | 348,000 | — | — | — | 347,000 | — | — | — | 346,000 | — | — | — | 346,000 | — | — | — | 348,000 | — | — | — |
| Total assets | US$ in thousands | 2,569,000 | 2,576,000 | 2,529,000 | 2,487,000 | 2,437,000 | 2,380,000 | 2,302,000 | 2,259,000 | 2,350,000 | 2,383,000 | 2,547,000 | 2,670,000 | 2,194,000 | 2,400,000 | 2,367,000 | 2,343,000 | 2,086,000 | 1,973,000 | 1,807,000 | 2,132,000 |
| Debt-to-assets ratio | 0.14 | 0.00 | 0.00 | 0.00 | 0.14 | 0.00 | 0.00 | 0.00 | 0.15 | 0.00 | 0.00 | 0.00 | 0.16 | 0.00 | 0.00 | 0.00 | 0.17 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $348,000K ÷ $2,569,000K
= 0.14
The debt-to-assets ratio of Louisiana-Pacific Corporation has shown a consistent pattern of low values over the period between March 31, 2020, and December 31, 2024. The ratio remained at 0.00 for most quarters, indicating that the company had little to no debt relative to its total assets during these periods.
There were, however, slight fluctuations in the ratio with an increase noticed at the end of December 31, 2020 (0.17), December 31, 2021 (0.16), and December 31, 2022 (0.15), which could suggest that the company took on some debt compared to the total assets. Despite these minor increases, the overall trend remains consistently low, suggesting that the company follows a low debt financing strategy and has a strong asset base to support its operations.
This stable and low debt-to-assets ratio demonstrates a sound financial position for Louisiana-Pacific Corporation, reflecting a conservative approach to managing its financial leverage and potential risks associated with high debt levels.
Peer comparison
Dec 31, 2024