Post Holdings Inc (POST)
Debt-to-capital ratio
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 6,811,600 | 6,397,800 | 6,414,600 | 6,314,000 | 6,039,000 | 6,186,100 | 5,837,100 | 5,886,800 | 5,956,600 | 6,032,400 | 6,105,900 | 7,429,000 | 6,441,600 | 6,932,100 | 6,981,000 | 6,972,100 | 6,959,000 | 6,776,900 | 7,171,300 | 6,382,600 |
| Total stockholders’ equity | US$ in thousands | 4,090,600 | 3,945,100 | 3,980,300 | 3,944,000 | 3,842,100 | 3,950,000 | 3,473,000 | 3,428,300 | 3,254,000 | 3,395,000 | 3,476,500 | 2,566,100 | 2,742,400 | 2,833,900 | 2,901,200 | 2,920,700 | 2,854,500 | 2,916,300 | 2,907,100 | 3,357,800 |
| Debt-to-capital ratio | 0.62 | 0.62 | 0.62 | 0.62 | 0.61 | 0.61 | 0.63 | 0.63 | 0.65 | 0.64 | 0.64 | 0.74 | 0.70 | 0.71 | 0.71 | 0.70 | 0.71 | 0.70 | 0.71 | 0.66 |
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 of Post Holdings Inc has been relatively stable over the past few quarters, ranging between 0.61 and 0.65. This ratio indicates that, on average, the company has been financing about 62%-65% of its operations using debt, with the remaining 35%-38% being covered by equity. The slight increase in the ratio from 0.62 to 0.65 over the quarters may suggest a potential increase in the company's reliance on debt for funding its operations. However, it is also important to note the fluctuation in the ratio from quarter to quarter, which could be influenced by various factors such as changes in capital structure, debt repayment, or issuance of new debt. Monitoring this ratio over time can provide insights into the company's financial leverage and risk management strategies.
Peer comparison
Sep 30, 2024