Post Holdings Inc (POST)
Debt-to-equity 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-equity ratio | 1.67 | 1.57 | 1.83 | 2.35 | 2.44 |
September 30, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $6,811,600K ÷ $4,090,600K
= 1.67
The debt-to-equity ratio of Post Holdings Inc has shown fluctuations over the past five years. In 2024, the ratio stands at 1.67, indicating that the company has $1.67 in debt for every $1 of equity. This represents an increase from the previous year's ratio of 1.57 but is lower than the ratios reported in 2021, 2020, and 2019.
The increasing trend in the debt-to-equity ratio from 2020 to 2022 may indicate a higher reliance on debt financing compared to equity, which could imply higher financial leverage and associated risks. However, the recent decrease in the ratio in 2024 may suggest a more balanced capital structure or a reduction in the company's debt levels.
It is essential for Post Holdings Inc to monitor its debt levels relative to equity and assess the impact of these changes on its financial health and risk profile. Lowering the debt-to-equity ratio over time could potentially enhance the company's financial stability and creditworthiness.
Peer comparison
Sep 30, 2024