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Flowers Foods (Flowers Foods) Debt-to-Equity : 1.00 (As of Dec. 2023)


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What is Flowers Foods Debt-to-Equity?

Flowers Foods's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $66 Mil. Flowers Foods's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,285 Mil. Flowers Foods's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,352 Mil. Flowers Foods's debt to equity for the quarter that ended in Dec. 2023 was 1.00.

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 Flowers Foods's Debt-to-Equity or its related term are showing as below:

FLO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.67   Med: 0.82   Max: 1.02
Current: 1

During the past 13 years, the highest Debt-to-Equity Ratio of Flowers Foods was 1.02. The lowest was 0.67. And the median was 0.82.

FLO's Debt-to-Equity is ranked worse than
78.29% of 1640 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs FLO: 1.00

Flowers Foods Debt-to-Equity Historical Data

The historical data trend for Flowers Foods'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.

Flowers Foods Debt-to-Equity Chart

Flowers Foods 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 1.02 0.96 0.86 0.83 1.00

Flowers Foods 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 0.83 0.93 0.93 0.96 1.00

Competitive Comparison of Flowers Foods's Debt-to-Equity

For the Packaged Foods subindustry, Flowers Foods'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.


Flowers Foods's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Flowers Foods's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Flowers Foods's Debt-to-Equity falls into.



Flowers Foods Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Flowers Foods's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Flowers Foods'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.


Flowers Foods  (NYSE:FLO) 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.


Flowers Foods Debt-to-Equity Related Terms

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


Flowers Foods (Flowers Foods) Business Description

Traded in Other Exchanges
Address
1919 Flowers Circle, Thomasville, GA, USA, 31757
Flowers Foods Inc is an American company producing bakery food for retail and foodservice across the United States. The product portfolio includes fresh breads, buns, rolls, snack cakes, and tortillas. The company distributes to supermarkets, convenience stores, and restaurants. The key brands are Nature's Own, Whitewheat, Cobblestone Bread, Wonder, Dave's Killer Bread, Canyon Bakehouse, Mrs. Freshley's, and Tastykake.
Executives
R Steve Kinsey officer: EVP & Chief Financial Officer 301 HABERSHAM ROAD, THOMASVILLE GA 31792
Stephanie B Tillman officer: Chief Legal Counsel 1919 FLOWERS CIRCLE, THOMASVILLE GA 31757
Ryals Mcmullian officer: Chief Strategy Officer 2922 IVANHOE ROAD, TALLAHASSEE FL 32312
Brigitte King director 1919 FLOWERS CIRCLE, THOMASVILLE GA 31757
Joanne D Smith director C/O DELTA AIR LINES, INC., P.O. BOX 20574, DEPT. 981, ATLANTA GA 30320
H Mark Courtney officer: SVP Sales&Mkt Flowers Bakeries 16 MEANDER TRACE, THOMASVILLE GA 31792
Cindy Cox officer: Chief Human Resources Officer 1919 FLOWERS CIRCLE, THOMASVILLE GA 31757
Chubb Thomas Caldecot Iii director 999 PEACHTREE ST NE, SUITE 688, ATLANTA GA 30309
Melvin T Stith director 1111 BAY AVENUE, SUITE 501, COLUMBUS GA 31901
Thomas L Winters officer: Chief Supply Chain Officer 1919 FLOWERS CIRCLE, THOMASVILLE GA 31757
Heeth Iv Varnedoe officer: Chief Transformation Officer 1919 FLOWERS CIRCLE, THOMASVILLE GA 31757
William Jameson Mcfadden director 140 BROADWAY, NEW YORK NY 10005
Brad Cashaw officer: Chief Supply Chain Officer 2711 NORTH HASKELL AVENUE, SUITE 3400, DALLAS TX 75204
Terry S Thomas director 6430 STEFANI DRIVE, DALLAS TX 75225
Casey Edward J. Jr. director 835 HAMILTON STREET, SUITE 150, ALLENTOWN PA 18101