Louisiana-Pacific Corporation (LPX)
Debt-to-equity 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-equity ratio | 0.21 | 0.00 | 0.00 | 0.00 | 0.22 | 0.00 | 0.00 | 0.00 | 0.24 | 0.00 | 0.00 | 0.00 | 0.28 | 0.00 | 0.00 | 0.00 | 0.28 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $348,000K ÷ $1,671,000K
= 0.21
The debt-to-equity ratio for Louisiana-Pacific Corporation has been consistently low in recent periods. As of December 31, 2024, the ratio stands at 0.21, indicating that the company's level of debt in relation to its equity is relatively low. This suggests that Louisiana-Pacific relies more on equity financing rather than debt to fund its operations and growth. Low debt-to-equity ratios are generally viewed positively as they indicate lower financial risk and greater financial stability. However, it's important to note that a very low debt-to-equity ratio may also suggest underutilization of debt for potential growth opportunities. Louisiana-Pacific's consistent low ratio could reflect a conservative capital structure strategy or a limited need for external financing.
Peer comparison
Dec 31, 2024