Rockwell Automation Inc (ROK)
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 | 2,561,300 | 2,559,300 | 2,584,500 | 2,863,000 | 2,862,900 | 2,866,900 | 2,868,100 | 2,866,900 | 2,867,800 | 3,464,100 | 3,466,000 | 3,469,100 | 3,464,600 | 1,977,100 | 1,978,400 | 1,980,300 | 1,974,700 | 1,974,400 | 1,970,200 | 1,953,000 |
| Total stockholders’ equity | US$ in thousands | 3,498,300 | 3,325,700 | 3,543,600 | 3,607,700 | 3,561,600 | 3,343,200 | 3,155,500 | 2,914,800 | 2,725,600 | 2,391,200 | 2,632,200 | 2,504,900 | 2,389,600 | 2,269,600 | 1,817,200 | 1,557,600 | 1,027,800 | 770,500 | 620,800 | 717,000 |
| Debt-to-capital ratio | 0.42 | 0.43 | 0.42 | 0.44 | 0.45 | 0.46 | 0.48 | 0.50 | 0.51 | 0.59 | 0.57 | 0.58 | 0.59 | 0.47 | 0.52 | 0.56 | 0.66 | 0.72 | 0.76 | 0.73 |
September 30, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $2,561,300K ÷ ($2,561,300K + $3,498,300K)
= 0.42
The debt-to-capital ratio of Rockwell Automation Inc has exhibited a fluctuating trend over the past few quarters, ranging from 0.42 to 0.76. The ratio was relatively stable around 0.42 to 0.50 until the end of 2022, after which it began to increase, peaking at 0.76 in the first quarter of 2020. This indicates an increasing reliance on debt relative to total capital during this period. However, the ratio has shown some variability, suggesting potential adjustments in the company's capital structure. Further analysis of the company's debt levels, capital structure, and overall financial health would be necessary to better understand the implications of these fluctuations in the debt-to-capital ratio.
Peer comparison
Sep 30, 2024