Gibraltar Industries Inc (ROCK)
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 | — | — | — | — | 0 | 0 | 9,790 | 49,876 | 88,762 | 121,840 | 93,454 | 42,367 | 23,781 | 59,695 | 32,309 | 58,023 | 85,636 | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,048,030 | 1,003,230 | 975,671 | 940,185 | 914,998 | 889,849 | 850,310 | 835,387 | 822,099 | 843,491 | 817,278 | 838,402 | 825,258 | 814,684 | 787,608 | 758,408 | 743,805 | 746,075 | 709,764 | 677,357 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.06 | 0.10 | 0.13 | 0.10 | 0.05 | 0.03 | 0.07 | 0.04 | 0.07 | 0.10 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,048,030K)
= 0.00
The debt-to-capital ratio for Gibraltar Industries Inc has ranged from 0.00 to 0.13 over the past few years. This ratio measures the proportion of a company's capital that is financed through debt, with higher ratios indicating higher levels of debt relative to total capital.
From December 31, 2020, to September 30, 2022, the debt-to-capital ratio increased from 0.10 to 0.13, suggesting an increase in the company's reliance on debt financing within this period. However, this ratio decreased to 0.00 by December 31, 2023, and has remained at 0.00 since that time, indicating a significant decrease in the use of debt relative to capital.
Overall, it appears that Gibraltar Industries Inc has effectively managed its debt levels, maintaining a relatively low debt-to-capital ratio in recent years. It is essential to monitor this ratio over time to assess the company's capital structure and financial health accurately.
Peer comparison
Dec 31, 2024