Louisiana-Pacific Corporation (LPX)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 1,671,000 | 1,666,000 | 1,658,000 | 1,617,000 | 1,557,000 | 1,502,000 | 1,419,000 | 1,450,000 | 1,433,000 | 1,361,000 | 1,484,000 | 1,613,000 | 1,235,000 | 1,368,000 | 1,433,000 | 1,404,000 | 1,234,000 | 1,142,000 | 1,000,000 | 984,000 |
| Debt-to-capital ratio | 0.17 | 0.00 | 0.00 | 0.00 | 0.18 | 0.00 | 0.00 | 0.00 | 0.19 | 0.00 | 0.00 | 0.00 | 0.22 | 0.00 | 0.00 | 0.00 | 0.22 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $348,000K ÷ ($348,000K + $1,671,000K)
= 0.17
The debt-to-capital ratio of Louisiana-Pacific Corporation has fluctuated over the past several quarters. As of December 31, 2020, and December 31, 2021, the ratio stood at 0.22, indicating that the company's debt represented 22% of its total capital. Subsequently, the ratio decreased to 0.19 as of December 31, 2022, and further to 0.18 as of December 31, 2023, showing a slight improvement in the company's debt management.
Overall, a decreasing trend in the debt-to-capital ratio suggests that Louisiana-Pacific Corporation has been effectively reducing its reliance on debt to finance its operations and investments. This trend may indicate a healthier financial position and lower financial risk for the company. However, it would be essential to monitor future developments in the ratio to assess the company's ongoing debt management strategies and financial stability.
Peer comparison
Dec 31, 2024