Tempur Sealy International Inc (TPX)
Debt-to-capital ratio
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 1,502,600 | — | — | — |
| Total stockholders’ equity | US$ in thousands | 333,400 | 223,700 | 147,500 | 43,600 | -12,300 | -143,300 | -180,900 | -91,300 | 285,800 | 371,000 | 410,100 | 327,200 | 503,600 | 456,200 | 249,700 | 208,400 | 359,500 | 336,500 | 305,900 | 253,500 |
| 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 | 0.81 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $333,400K)
= 0.00
The debt-to-capital ratio of Tempur Sealy International Inc has been fluctuating over the past eight quarters. The ratio decreased from 1.01 in Q4 2022 to 0.89 in Q4 2023, indicating a reduction in the proportion of debt to total capital. However, since Q4 2022, the trend has been fluctuating with occasional increases and decreases.
Overall, the debt-to-capital ratio has not shown a consistent direction, but the company appears to have managed its debt levels relative to its total capital structure. It is important for investors and stakeholders to closely monitor this ratio to assess the company's leverage and financial risk.
Peer comparison
Dec 31, 2023