Owens Corning Inc (OC)
Debt-to-capital ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 5,116,000 | 5,028,000 | 5,020,000 | 2,645,000 | 2,615,000 | 3,002,000 | 3,004,000 | 2,999,000 | 2,992,000 | 2,988,000 | 2,989,000 | 2,959,000 | 2,960,000 | 2,958,000 | 3,144,000 | 3,145,000 | 3,126,000 | 3,126,000 | 3,314,000 | 3,213,000 |
| Total stockholders’ equity | US$ in thousands | 5,077,000 | 5,623,000 | 5,472,000 | 5,229,000 | 5,166,000 | 5,105,000 | 5,014,000 | 4,791,000 | 4,575,000 | 4,640,000 | 4,540,000 | 4,341,000 | 4,296,000 | 4,210,000 | 4,117,000 | 3,928,000 | 3,901,000 | 3,852,000 | 3,624,000 | 3,487,000 |
| Debt-to-capital ratio | 0.50 | 0.47 | 0.48 | 0.34 | 0.34 | 0.37 | 0.37 | 0.38 | 0.40 | 0.39 | 0.40 | 0.41 | 0.41 | 0.41 | 0.43 | 0.44 | 0.44 | 0.45 | 0.48 | 0.48 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $5,116,000K ÷ ($5,116,000K + $5,077,000K)
= 0.50
Owens Corning Inc has shown a decreasing trend in its debt-to-capital ratio over the analyzed period. The ratio decreased from 0.48 in March 2020 to 0.34 in December 2023, indicating a lower proportion of debt relative to capital. There was a slight increase in the ratio to 0.50 by December 2024, but it remained relatively stable compared to the initial values. This decrease in the debt-to-capital ratio suggests that Owens Corning Inc has been able to manage its debt levels effectively and maintain a healthier balance between debt and equity in its capital structure over the years.