MasterBrand Inc. (MBC)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | ||
|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 1,007,800 | 1,062,300 | 688,900 | 681,100 |
| Total assets | US$ in thousands | 2,929,800 | 2,960,200 | 2,427,100 | 2,400,100 |
| Debt-to-assets ratio | 0.34 | 0.36 | 0.28 | 0.28 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $1,007,800K ÷ $2,929,800K
= 0.34
The debt-to-assets ratio of MasterBrand Inc. has shown consistency over the quarters analyzed, ranging from 0.28 to 0.36. This ratio indicates that, on average, around 30% to 36% of the company's total assets are financed by debt, with the remaining funded by equity. A lower debt-to-assets ratio suggests a lower financial risk and indicates that the company relies less on debt to finance its operations, which could be viewed positively by investors and creditors. However, the slight increase in the ratio from 0.28 to 0.36 between September and December 2024 could suggest a moderate increase in the company's reliance on debt financing during that period. It may be important for stakeholders to monitor this trend to ensure the company's financial health and stability in the long term.
Peer comparison
Dec 31, 2024