Boston Beer Company Inc (SAM)

Debt-to-capital ratio

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 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 1,077,930 1,120,780 1,087,190 1,041,360 1,068,550 1,073,990 1,044,040 984,924 983,409 1,029,380 1,084,140 1,028,720 956,967 918,530 827,483 758,236 735,636 718,980 522,801 489,818
Debt-to-capital ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

December 31, 2023 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,077,930K)
= 0.00

The debt-to-capital ratio of Boston Beer Company Inc has consistently been reported as 0.00 for all the periods provided in the table. A debt-to-capital ratio of 0.00 indicates that the company has no debt in its capital structure. This implies that Boston Beer Company Inc relies entirely on equity financing rather than debt financing to support its operations and growth. A low or zero debt-to-capital ratio can be viewed positively by investors and analysts as it signifies lower financial risk and less reliance on external financing. However, it is important to carefully consider the company's capital structure and financial strategy to ensure sustainable growth and profitability in the long run.


Peer comparison

Dec 31, 2023

Company name
Symbol
Debt-to-capital ratio
Boston Beer Company Inc
SAM
0.00
Molson Coors Brewing Co Class B
TAP
0.29