MasterBrand Inc. (MBC)
Debt-to-equity ratio
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | ||
|---|---|---|---|---|
| Long-term debt | US$ in thousands | 690,200 | 699,300 | 788,300 |
| Total stockholders’ equity | US$ in thousands | 1,193,800 | 1,156,500 | 1,107,600 |
| Debt-to-equity ratio | 0.58 | 0.60 | 0.71 |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $690,200K ÷ $1,193,800K
= 0.58
The debt-to-equity ratio of MasterBrand Inc. has been fluctuating over the past three quarters. As of December 31, 2023, the ratio stands at 0.58, indicating that the company has $0.58 in debt for every $1 of equity. This suggests a moderate level of leverage, which can be favorable for growth opportunities but also comes with financial risk. The ratio increased to 0.60 as of September 30, 2023, signaling a slight rise in debt relative to equity. However, a more substantial increase in leverage is observed as of June 30, 2023, with the ratio climbing to 0.71. This significant increase may raise concerns about the company's financial stability and ability to service its debt obligations. It is essential for stakeholders to monitor this trend closely to assess the company's overall financial health and risk exposure.
Peer comparison
Dec 31, 2023