Interface Inc (TILE)

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 Jul 5, 2020 Jun 30, 2020
Long-term debt US$ in thousands 589,130
Total stockholders’ equity US$ in thousands 1,170,820 501,563 451,165 428,548 425,947 387,564 384,908 367,029 361,537 321,423 347,377 366,880 363,398 336,777 335,586 314,815 326,538 287,020 258,196 258,196
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 0.70 0.00

December 31, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,170,820K)
= 0.00

Interface Inc's debt-to-capital ratio has shown a consistent trend of 0.00 for all reported periods, indicating that the company has not utilized debt to finance its operations significantly. A debt-to-capital ratio of 0.00 suggests that the company's capital structure is primarily composed of equity, which may indicate a lower financial risk level and potentially greater financial stability. It also implies that the company may have strong access to equity financing or generates sufficient internal funds to support its operations without relying heavily on debt. Overall, the consistent debt-to-capital ratio of 0.00 for Interface Inc reflects a conservative approach to managing its capital structure and financial leverage.


Peer comparison

Dec 31, 2024

Company name
Symbol
Debt-to-capital ratio
Interface Inc
TILE
0.00
Mohawk Industries Inc
MHK
0.00