Mativ Holdings Inc. (MATV)
Debt-to-equity 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-equity ratio | 1.16 | 2.53 | 1.49 | 1.46 | 1.40 | 0.00 | 0.00 | 0.00 | 1.85 | 0.00 | 0.00 | 0.94 | 0.91 | 1.00 | 1.10 | 1.27 | 0.90 | 0.97 | 1.06 | 1.10 |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $1,101,800K ÷ $949,100K
= 1.16
The debt-to-equity ratio of Mativ Holdings Inc has fluctuated over the past eight quarters, ranging from as low as 1.18 to as high as 2.61. In Q3 2023, the ratio was 2.61, indicating a significant increase in leverage compared to the previous quarter. However, this ratio decreased in Q4 2023 to 1.18, suggesting a notable reduction in debt relative to shareholders' equity.
Overall, the trend in the debt-to-equity ratio shows some variability, with occasional spikes and declines. Despite fluctuations, the ratio generally remains above 1, indicating that the company has more debt than equity in its capital structure. Investors and analysts should closely monitor this ratio to assess Mativ Holdings Inc's financial risk and leverage levels.
Peer comparison
Dec 31, 2023