Ufp Industries Inc (UFPI)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $3,224,070K
= 0.00
The debt-to-equity ratio of Ufp Industries Inc has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt in its capital structure, which can be viewed as a positive sign as it signifies that the company is entirely funded by equity. This could imply that Ufp Industries Inc has been utilizing its internal funds or equity financing to support its operations and growth instead of relying on external borrowing. A low or zero debt-to-equity ratio typically indicates lower financial risk and suggests that the company may be in a strong financial position with minimal financial leverage. However, it's important to note that a zero debt-to-equity ratio may also limit the company's ability to benefit from the tax advantages associated with debt financing.