Simpson Manufacturing Company Inc (SSD)
Debt-to-assets 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 | 388,125 | 393,750 | 399,375 | 405,000 | 410,625 | 416,250 | 421,875 | 427,500 | 433,100 | 660,164 | 665,449 | 450,000 | 0 | 0 | 0 | 0 | 0 | 75,000 | 150,000 | 150,000 |
| Total assets | US$ in thousands | 2,736,170 | 2,897,460 | 2,773,360 | 2,721,950 | 2,704,720 | 2,815,490 | 2,719,350 | 2,555,630 | 2,503,970 | 2,504,260 | 2,485,470 | 2,280,350 | 1,484,120 | 1,422,070 | 1,373,970 | 1,294,730 | 1,232,570 | 1,277,860 | 1,284,500 | 1,198,250 |
| Debt-to-assets ratio | 0.14 | 0.14 | 0.14 | 0.15 | 0.15 | 0.15 | 0.16 | 0.17 | 0.17 | 0.26 | 0.27 | 0.20 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.06 | 0.12 | 0.13 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $388,125K ÷ $2,736,170K
= 0.14
The debt-to-assets ratio of Simpson Manufacturing Company Inc has exhibited fluctuations over the past few years. The ratio was relatively low, ranging from 0.00 to 0.13, between March 2020 and June 2022. However, there was a notable increase in the ratio from March 2022 to June 2022, peaking at 0.27. Subsequently, the ratio decreased but remained above 0.10 through September 2023. From December 2023 onwards, the ratio stabilized between 0.14 and 0.17. Overall, the company's debt-to-assets ratio indicates a moderate level of leverage, with a recent trend towards increased debt relative to assets.
Peer comparison
Dec 31, 2024