Ufp Industries Inc (UFPI)
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 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 3,224,070 | 3,174,430 | 3,096,810 | 3,087,760 | 2,999,760 | 2,968,950 | 2,841,770 | 2,712,440 | 2,603,700 | 2,437,080 | 2,280,150 | 2,218,170 | 2,016,570 | 1,877,470 | 1,759,560 | 1,586,540 | 1,483,150 | 1,413,800 | 1,339,320 | 1,272,280 |
| 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 |
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 has remained consistently at 0.00 for the periods from March 31, 2020, to December 31, 2024. This ratio indicates that the company has not utilized any debt to finance its operations relative to its total capital over the analyzed periods. A debt-to-capital ratio of 0.00 suggests that the company may be relying solely on equity financing or other sources of capital to fund its activities. This could signify a conservative financial strategy, as the absence of debt may indicate lower financial risk and financial leverage, as well as potentially lower interest expenses.