Stanley Black & Decker Inc (SWK)
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 | 0.00 | 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 |
| 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 |
| Debt-to-equity 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 |
| Financial leverage ratio | 2.51 | 2.54 | 2.57 | 2.69 | 2.61 | 2.58 | 2.62 | 2.64 | 2.57 | 2.67 | 3.23 | 3.14 | 2.43 | 2.15 | 2.16 | 2.09 | 2.13 | 2.22 | 2.31 | 2.56 |
Based on the data provided, Stanley Black & Decker Inc has maintained a consistently low level of debt in relation to its assets, capital, and equity over the analyzed periods.
The Debt-to-Assets ratio has been at 0.00 throughout, indicating that the company finances its operations primarily through equity rather than debt, which is generally seen as a positive indicator of financial stability.
Similarly, the Debt-to-Capital ratio has also been at 0.00 consistently, suggesting that the company has not relied heavily on external borrowing to fund its operations in the same period.
The Debt-to-Equity ratio has also remained at 0.00, indicating that the company's financial structure is balanced with minimal reliance on debt financing.
The Financial Leverage ratio, which measures the company's ability to meet its financial obligations, shows a decreasing trend over the periods, with the ratio declining from 2.56 in March 2020 to 2.51 in December 2024. This suggests that the company has effectively managed its debt levels and maintained a stable financial position over time.
Overall, based on the solvency ratios analyzed, Stanley Black & Decker Inc appears to have a strong financial position with low debt levels and a well-balanced capital structure.
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 | 1.47 | 1.17 | 0.87 | 0.77 | 0.35 | 0.15 | 2.02 | 2.43 | 3.83 | 5.83 | 4.72 | 7.97 | 10.44 | 11.82 | 11.71 | 9.14 | 6.63 | 5.05 | 4.05 | 4.97 |
The interest coverage ratio of Stanley Black & Decker Inc has fluctuated significantly over the years based on the provided data.
Starting from March 31, 2020, the interest coverage ratio was 4.97, indicating that the company generated almost 5 times the amount of operating income to cover its interest expenses. This ratio decreased slightly to 4.05 by June 30, 2020, but then began to improve steadily, reaching a peak of 11.82 on September 30, 2021.
From there, the interest coverage ratio started to decline gradually, dropping to 2.43 by March 31, 2023, which could be a cause for concern as it indicates the company may be struggling to meet its interest obligations. The ratio continued to decrease further, hitting 0.35 by December 31, 2023, and then recovering slightly to 1.47 by December 31, 2024.
Overall, it is clear that Stanley Black & Decker Inc experienced fluctuations in its ability to cover its interest payments over the years, showing both resilience and vulnerability in managing its financial obligations.