Simpson Manufacturing Company Inc (SSD)
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 | 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 stockholders’ equity | US$ in thousands | 1,805,350 | 1,856,970 | 1,764,800 | 1,725,660 | 1,679,750 | 1,669,490 | 1,583,610 | 1,487,410 | 1,413,380 | 1,337,560 | 1,284,640 | 1,231,810 | 1,184,000 | 1,123,000 | 1,086,900 | 1,014,510 | 980,943 | 960,800 | 894,212 | 841,594 |
| Debt-to-capital ratio | 0.18 | 0.17 | 0.18 | 0.19 | 0.20 | 0.20 | 0.21 | 0.22 | 0.23 | 0.33 | 0.34 | 0.27 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.07 | 0.14 | 0.15 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $388,125K ÷ ($388,125K + $1,805,350K)
= 0.18
The debt-to-capital ratio for Simpson Manufacturing Company Inc has experienced fluctuations over the past few years. The ratio decreased steadily from March 2020 to December 2020, reaching 0.00 by the end of that year. This indicates that the company had no debt relative to its capital during that period. However, starting from March 2022, the ratio began to increase, reaching its highest point of 0.34 in June 2022.
Subsequently, there was a slight decrease in the ratio for the remainder of 2022 and throughout 2023, stabilizing around 0.20. This suggests that the company took on some debt relative to its capital, but the ratio remained relatively stable during this time.
By the end of December 2024, the debt-to-capital ratio had slightly increased to 0.18 compared to the previous quarter. Overall, while the company's debt-to-capital ratio has shown some variability, it has generally remained moderate, indicating a balanced mix of debt and equity financing in its capital structure.
Peer comparison
Dec 31, 2024