Ufp Industries Inc (UFPI)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 3,224,070 | 2,999,760 | 2,603,700 | 2,016,570 | 1,483,150 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $3,224,070K)
= 0.00
The debt-to-capital ratio of Ufp Industries Inc remained consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt significantly to finance its operations or investments during this period. The absence of debt in relation to its capital suggests a low financial risk and a strong financial position, as the company relies more on equity financing. Overall, a stable and low debt-to-capital ratio reflects a conservative financial management approach, which may be viewed positively by investors and creditors.