Simpson Manufacturing Company Inc (SSD)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 388,125 | 410,625 | 433,125 | 0 | 0 |
| Total stockholders’ equity | US$ in thousands | 1,805,350 | 1,679,750 | 1,413,380 | 1,184,000 | 980,943 |
| Debt-to-equity ratio | 0.21 | 0.24 | 0.31 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $388,125K ÷ $1,805,350K
= 0.21
The debt-to-equity ratio of Simpson Manufacturing Company Inc has shown a gradual increase over the years, starting from 0.00 in December 31, 2020, and reaching 0.21 by December 31, 2024. This indicates that the company has been taking on more debt relative to its equity over the period. While the ratio is still relatively low, the upward trend suggests that the company may be increasing its reliance on debt financing to support its operations or growth strategies. It is important for investors and stakeholders to monitor this trend closely to assess the company's financial risk and leverage levels.
Peer comparison
Dec 31, 2024