Simpson Manufacturing Company Inc (SSD)

Solvency ratios

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
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
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
Debt-to-equity ratio 0.21 0.21 0.23 0.23 0.24 0.25 0.27 0.29 0.31 0.49 0.52 0.37 0.00 0.00 0.00 0.00 0.00 0.08 0.17 0.18
Financial leverage ratio 1.52 1.56 1.57 1.58 1.61 1.69 1.72 1.72 1.77 1.87 1.93 1.85 1.25 1.27 1.26 1.28 1.26 1.33 1.44 1.42

Simpson Manufacturing Company Inc's solvency ratios demonstrate a fluctuating trend over the reporting period. The Debt-to-assets ratio decreased from 0.13 in March 2020 to 0.00 by December 2021, indicating a significant reduction in the proportion of assets financed by debt. However, there was a slight increase to 0.14 by December 2024.

Similarly, the Debt-to-capital ratio followed a similar pattern, decreasing from 0.15 in March 2020 to 0.00 by December 2021 before rising to 0.18 by December 2024. This suggests that the company's reliance on debt to finance its operations increased towards the end of the period.

The Debt-to-equity ratio also exhibited a downward trend from 0.18 in March 2020 to 0.00 by December 2021, indicating a transition to a more equity-funded capital structure. However, it rose to 0.21 by December 2024, signaling a partial shift back towards debt financing.

The Financial leverage ratio increased steadily from 1.42 in March 2020 to 1.52 by December 2024. This suggests an increase in the company's financial leverage over time, which could imply a higher level of financial risk.

Overall, Simpson Manufacturing Company Inc experienced fluctuations in its solvency ratios, showcasing a dynamic approach to capital structure management over the reporting period.

Coverage ratios

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
Interest coverage 88.00 51.42 61.91 79.16 79.99 45.53 49.98 52.69 57.19 562.96 536.79 499.23 432.19 137.31 132.79 119.35 110.54 124.70 109.02 99.35

Simpson Manufacturing Company Inc's interest coverage ratio has displayed considerable fluctuations over the period from March 31, 2020, to December 31, 2024. The interest coverage ratio represents the company's ability to meet its interest payment obligations with its operating income.

Initially, the interest coverage ratio stood at 99.35 on March 31, 2020, indicating a strong ability to cover interest expenses. This ratio improved consistently until December 31, 2021, reaching a high of 432.19. During this period, the company was generating significant operating income relative to its interest payments.

However, from March 31, 2022, the interest coverage ratio experienced a sharp decline, reaching its lowest point of 45.53 on September 30, 2023. This suggests that the company's operating income may have decreased relative to its interest expenses during this period.

Subsequently, there was a slight recovery in the interest coverage ratio, stabilizing around 79.16 as of March 31, 2024. Overall, the company should focus on maintaining a healthy interest coverage ratio to ensure it can comfortably meet its interest obligations and demonstrate financial stability to creditors and investors.