Mativ Holdings Inc. (MATV)
Debt-to-capital ratio
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 1,101,800 | 1,704,000 | 1,712,900 | 1,697,900 | 1,656,400 | — | — | — | 1,264,800 | — | — | 615,200 | 590,500 | 630,200 | 666,400 | 752,800 | 540,800 | 559,700 | 604,700 | 617,200 |
| Total stockholders’ equity | US$ in thousands | 949,100 | 673,000 | 1,149,000 | 1,159,300 | 1,179,300 | 1,132,900 | 694,500 | 701,400 | 682,200 | 635,700 | 653,000 | 652,900 | 649,600 | 628,500 | 607,400 | 592,000 | 597,700 | 574,800 | 572,600 | 562,100 |
| Debt-to-capital ratio | 0.54 | 0.72 | 0.60 | 0.59 | 0.58 | 0.00 | 0.00 | 0.00 | 0.65 | 0.00 | 0.00 | 0.49 | 0.48 | 0.50 | 0.52 | 0.56 | 0.48 | 0.49 | 0.51 | 0.52 |
December 31, 2023 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $1,101,800K ÷ ($1,101,800K + $949,100K)
= 0.54
Mativ Holdings Inc's debt-to-capital ratio has fluctuated over the past eight quarters, ranging from 0.54 to 0.72. The trend shows some variability, with a peak in Q3 2023 at 0.72 and a low in Q4 2023 at 0.54. Generally, the company's debt level relative to its capital has been relatively stable, with the ratio hovering around 0.60-0.65 for the most part. This indicates that Mativ Holdings has been financing its operations with a combination of debt and equity, with slightly more reliance on debt in some quarters. It is important for stakeholders to monitor this ratio to assess the company's leverage and financial risk profile.
Peer comparison
Dec 31, 2023