MasterBrand Inc. (MBC)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 1,294,700 | 1,287,600 | 1,259,100 | 1,229,000 |
| Debt-to-capital ratio | 0.44 | 0.45 | 0.35 | 0.36 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $1,007,800K ÷ ($1,007,800K + $1,294,700K)
= 0.44
The debt-to-capital ratio for MasterBrand Inc. shows a fluctuating trend over the four quarters in 2024. Starting at 0.36 in March, the ratio decreased slightly to 0.35 in June before experiencing an increase to 0.45 in September. The ratio then decreased to 0.44 by the end of December.
The trend suggests that MasterBrand Inc. relies moderately on debt to finance its operations and investments, with approximately 35% to 45% of its capital structure being attributed to debt throughout the year. It is crucial to monitor this ratio to track the company's leverage and assess its ability to meet financial obligations in the long term.
Peer comparison
Dec 31, 2024