Ufp Industries Inc (UFPI)
Financial leverage 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 4,150,940 | 4,217,880 | 4,138,490 | 4,078,640 | 4,017,800 | 4,020,130 | 3,843,940 | 3,696,790 | 3,672,070 | 3,738,550 | 3,610,820 | 3,673,970 | 3,245,270 | 3,010,250 | 3,226,280 | 2,790,220 | 2,404,890 | 2,350,620 | 2,058,610 | 1,882,980 |
| 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 |
| Financial leverage ratio | 1.29 | 1.33 | 1.34 | 1.32 | 1.34 | 1.35 | 1.35 | 1.36 | 1.41 | 1.53 | 1.58 | 1.66 | 1.61 | 1.60 | 1.83 | 1.76 | 1.62 | 1.66 | 1.54 | 1.48 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $4,150,940K ÷ $3,224,070K
= 1.29
The financial leverage ratio of Ufp Industries Inc has shown some fluctuations over the past several quarters. The ratio has ranged from 1.29 to 1.83 during the period from December 31, 2024, to June 30, 2021. The trend indicates a slight increase in leverage ratio from December 31, 2024, to June 30, 2021, followed by a decrease in subsequent quarters. From June 30, 2021, to December 31, 2024, the ratio has remained relatively stable, hovering around 1.33 to 1.61.
Overall, the financial leverage ratio of Ufp Industries Inc suggests that the company has been managing its debt levels efficiently, maintaining a moderate level of leverage throughout the analyzed period. It is essential for investors and stakeholders to monitor the trend in the financial leverage ratio to assess the company's ability to meet its financial obligations and its overall financial health.