UFP Technologies Inc (UFPT)
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 | 176,875 | 199,500 | 35,200 | 30,000 | 28,000 | 39,000 | 53,000 | 56,000 | 51,000 | 67,000 | 96,000 | 91,000 | 71,000 | — | — | — | 0 | — | — | — |
| Total stockholders’ equity | US$ in thousands | 342,760 | 329,146 | 310,176 | 295,016 | 286,091 | 272,383 | 260,285 | 246,484 | 237,545 | 226,159 | 207,290 | 199,078 | 194,446 | 190,753 | 186,314 | 180,819 | 176,893 | 172,439 | 169,212 | 166,275 |
| Debt-to-capital ratio | 0.34 | 0.38 | 0.10 | 0.09 | 0.09 | 0.13 | 0.17 | 0.19 | 0.18 | 0.23 | 0.32 | 0.31 | 0.27 | 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)
= $176,875K ÷ ($176,875K + $342,760K)
= 0.34
The debt-to-capital ratio of UFP Technologies Inc has been relatively low and stable between March 2020 and March 2023, ranging from 0.00 to 0.32. However, there was a slight increase in this ratio in December 2022, which continued to decrease gradually until March 2024. The ratio showed a significant spike to 0.38 in September 2024, followed by a slight decrease in the subsequent quarter. This indicates a moderate level of debt in relation to the company's total capital structure over the given period. It is important for investors to monitor this ratio to assess the company's leverage and financial risk going forward.
Peer comparison
Dec 31, 2024