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Fortune Brands Innovations (Fortune Brands Innovations) Debt-to-Equity

: 1.23 (As of Dec. 2023)
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Fortune Brands Innovations's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Fortune Brands Innovations's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,813 Mil. Fortune Brands Innovations's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,293 Mil. Fortune Brands Innovations's debt to equity for the quarter that ended in Dec. 2023 was 1.23.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Fortune Brands Innovations's Debt-to-Equity or its related term are showing as below:

FBIN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.3   Med: 0.94   Max: 1.33
Current: 1.23

During the past 13 years, the highest Debt-to-Equity Ratio of Fortune Brands Innovations was 1.33. The lowest was 0.30. And the median was 0.94.

FBIN's Debt-to-Equity is ranked worse than
82.39% of 1505 companies
in the Construction industry
Industry Median: 0.43 vs FBIN: 1.23

Fortune Brands Innovations Debt-to-Equity Historical Data

The historical data trend for Fortune Brands Innovations's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fortune Brands Innovations Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.98 0.92 1.33 1.23

Fortune Brands Innovations Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.33 1.33 1.54 1.32 1.23

Competitive Comparison

For the Building Products & Equipment subindustry, Fortune Brands Innovations's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fortune Brands Innovations Debt-to-Equity Distribution

For the Construction industry and Industrials sector, Fortune Brands Innovations's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Fortune Brands Innovations's Debt-to-Equity falls into.



Fortune Brands Innovations Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fortune Brands Innovations's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Fortune Brands Innovations's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Fortune Brands Innovations  (NYSE:FBIN) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Fortune Brands Innovations Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Fortune Brands Innovations's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Fortune Brands Innovations (Fortune Brands Innovations) Business Description

Traded in Other Exchanges
Address
520 Lake Cook Road, Suite 300, Deerfield, IL, USA, 60015-5611
Fortune Brands Innovations is a leading home and security products company that operates two segments. The company's $2.6 billion plumbing segment, led by the Moen brand, sells faucets, showers, and other plumbing fixtures, and the $2.2 billion outdoors and security segment sells entry doors under the Therma-Tru brand name, Fiberon-branded patio decking, and locks and other security devices under the Master Lock and SentrySafe brand names.
Executives
Ann F Hackett director
Amee Chande director 520 LAKE COOK ROAD, SUITE 300, DEERFIELD IL 60015
Stephanie L. Pugliese director 170 COUNTRYSIDE DRIVE, BELLEVILLE WI 53508
David V. Barry officer: EVP & CFO FORTUNE BRANDS INNOVATIONS, INC., 520 LAKE COOK ROAD, DEERFIELD IL 60015
Lee John Dong Gu officer: EVP Chief Strategy & Growth 520 LAKE COOK ROAD, DEERFIELD IL 60015
Ron Wilson officer: EVP, Chief Supply Chain FORTUNE BRANDS HOME & SECURITY, INC., 520 LAKE COOK ROAD, DEERFIELD IL 60015
Hiranda S Donoghue officer: EVP Chief Legal & Secretary 520 LAKE COOK ROAD, DEERFIELD IL 60015
Cheri M Phyfer officer: EVP, Group President 520 LAKE COOK ROAD, DEERFIELD IL 60015
Sheri Grissom officer: EVP, CHRO & Transformation 13000 WEST SILVER SPRING DRIVE, BUTLER WI 53007
Nicholas I. Fink director, officer: Chief Executive Officer 510 LAKE COOK ROAD, DEERFIELD IL 60015
Patrick D Hallinan officer: EVP & CFO FORTUNE BRANDS HOME & SECURITY, INC., 520 LAKE COOK ROAD, DEERFIELD IL 60015
Mackay A D David director
Martin Thomas officer: SVP Ops &Supply Chain Strategy FORTUNE BRANDS HOME & SECURITY, INC., SUITE 300, DEERFIELD IL 60015
May Russell officer: SVP & CDO 520 LAKE COOK ROAD, DEERFIELD IL 60015
Danny Luburic officer: Vice President & Controller FORTUNE BRANDS HOME & SECURITY, INC., 520 LAKE COOK ROAD, DEERFIELD IL 60015