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Simpson Manufacturing Co (Simpson Manufacturing Co) Debt-to-Equity : 0.33 (As of Dec. 2023)


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What is Simpson Manufacturing Co Debt-to-Equity?

Simpson Manufacturing Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $37 Mil. Simpson Manufacturing Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $514 Mil. Simpson Manufacturing Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,680 Mil. Simpson Manufacturing Co's debt to equity for the quarter that ended in Dec. 2023 was 0.33.

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 Simpson Manufacturing Co's Debt-to-Equity or its related term are showing as below:

SSD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.05   Max: 0.45
Current: 0.31

During the past 13 years, the highest Debt-to-Equity Ratio of Simpson Manufacturing Co was 0.45. The lowest was 0.04. And the median was 0.05.

SSD's Debt-to-Equity is ranked better than
63.4% of 265 companies
in the Forest Products industry
Industry Median: 0.51 vs SSD: 0.31

Simpson Manufacturing Co Debt-to-Equity Historical Data

The historical data trend for Simpson Manufacturing Co'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.

Simpson Manufacturing Co Debt-to-Equity Chart

Simpson Manufacturing Co 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 0.04 0.05 0.04 0.45 0.33

Simpson Manufacturing Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.42 0.39 0.37 0.33 0.31

Competitive Comparison of Simpson Manufacturing Co's Debt-to-Equity

For the Lumber & Wood Production subindustry, Simpson Manufacturing Co'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.


Simpson Manufacturing Co's Debt-to-Equity Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Simpson Manufacturing Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Simpson Manufacturing Co's Debt-to-Equity falls into.



Simpson Manufacturing Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Simpson Manufacturing Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Simpson Manufacturing Co'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.


Simpson Manufacturing Co  (NYSE:SSD) 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.


Simpson Manufacturing Co Debt-to-Equity Related Terms

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


Simpson Manufacturing Co (Simpson Manufacturing Co) Business Description

Traded in Other Exchanges
Address
5956 W. Las Positas Boulevard, Pleasanton, CA, USA, 94588
Simpson Manufacturing Co Inc is a manufacturer of wood construction products. The company offers connectors, truss plates, fastening systems, fasteners, prefabricated lateral systems, concrete construction products, adhesives, mechanical anchors, carbide drill bits, powder-actuated tools, and fiber reinforced materials. Simpson Manufacturing markets its products to the residential, light industrial, and commercial construction markets as well as the remodeling and do-it-yourself markets. The largest end market is the United States.
Executives
Roger Dankel officer: President, Simpson Strong-Tie 5956 W. LAS POSITAS BLVD., PLEASANTON CA 94588
James S Andrasick director SIMPSON MANUFACTURING CO., INC., 5956 W. LAS POSITAS BLVD, PLEASANTON CA 94588
Philip E Donaldson director 5956 W. LAS POSITAS BLVD., PLEASANTON CA 94588
Kevin Lee Swartzendruber officer: Senior VP of Finance 5956 W. LAS POSITAS BLVD., PLEASANTON CA 94588
Chau Banks director 1221 BROADWAY, OAKLAND CA 94612
Felica Coney director 5956 W. LAS POSITAS BLVD, PLEASANTON CA 94588
Michael Andersen officer: EVP, Europe 5956 W. LAS POSITAS BLVD, PLEASANTON CA 94588
Karen Winifred Colonias officer: Vice President C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Brian J Magstadt officer: Chief Financial Officer 5956 W. LAS POSITAS BLVD., PLEASANTON CA 94588
Phillip Burton officer: EVP, North America 5956 W. LAS POSITAS BLVD, PLEASANTON CA 94588
Jeremy Gilstrap officer: EVP, Innovation 5956 W. LAS POSITAS BLVD, PLEASANTON CA 94588
Jennifer Lutz officer: EVP, Human Resources 5956 W. LAS POSITAS BLVD, PLEASANTON CA 94588
Kenneth D. Knight director 1400 16TH STREET, SAN FRANCISCO CA 94103
Michael Olosky officer: Chief Operating Officer C/O SIMPSON MANUFACTURING CO., INC., 5956 W. LAS POSITAS BLVD, PLEASANTON CA 94588
Michael A Bless director C/O ROCKWELL INTERNATIONAL INC, 777 E. WISCONSIN AVE #1400, MILWAUKEE WI 53202