Ufp Industries Inc (UFPI)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $3,224,070K
= 0.00
The debt-to-equity ratio of Ufp Industries Inc has been consistently reported as 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations during this period and has relied solely on equity financing. A debt-to-equity ratio of 0.00 typically signifies a low financial risk for the company, as there is no debt present to potentially cause financial strain or interest obligations. It suggests that the company may have a strong financial position and ample financial flexibility to support its growth and operations with equity funding. However, it is important to note that a zero debt-to-equity ratio could also limit the company's ability to take advantage of potential tax benefits associated with debt financing. Overall, a consistent debt-to-equity ratio of 0.00 for several years could indicate a deliberate strategic choice by Ufp Industries Inc to maintain a debt-free capital structure.