Post Holdings Inc (POST)
Debt-to-capital ratio
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 6,811,600 | 6,039,000 | 5,956,600 | 6,441,600 | 6,959,000 |
| Total stockholders’ equity | US$ in thousands | 4,090,600 | 3,842,100 | 3,254,000 | 2,742,400 | 2,854,500 |
| Debt-to-capital ratio | 0.62 | 0.61 | 0.65 | 0.70 | 0.71 |
September 30, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $6,811,600K ÷ ($6,811,600K + $4,090,600K)
= 0.62
The debt-to-capital ratio for Post Holdings Inc has shown a slight decrease from 0.71 in September 2020 to 0.62 in September 2024. This indicates that the company's reliance on debt as a source of capital has decreased over the years. A lower debt-to-capital ratio suggests a healthier financial position, as it implies a lower level of financial leverage and reduced risk of default. Post Holdings Inc's ability to lower its debt-to-capital ratio over the years reflects a prudent approach to managing its capital structure and financial obligations. It indicates that the company may be focusing on deleveraging or utilizing other sources of financing to support its operations and growth. Overall, the decreasing trend in the debt-to-capital ratio suggests improving financial health and stability for Post Holdings Inc.
Peer comparison
Sep 30, 2024