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UFP Industries (UFP Industries) Debt-to-Asset

: 0.10 (As of Dec. 2023)
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UFP Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $66 Mil. UFP Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $318 Mil. UFP Industries's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $4,018 Mil. UFP Industries's debt to asset for the quarter that ended in Dec. 2023 was 0.10.


UFP Industries Debt-to-Asset Historical Data

The historical data trend for UFP Industries's Debt-to-Asset 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.

UFP Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 0.16 0.14 0.11 0.10

UFP Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only 0.11 0.11 0.10 0.10 0.10

Competitive Comparison

For the Lumber & Wood Production subindustry, UFP Industries's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.


UFP Industries Debt-to-Asset Distribution

For the Forest Products industry and Basic Materials sector, UFP Industries's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where UFP Industries's Debt-to-Asset falls into.



UFP Industries Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

UFP Industries's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(65.877 + 318.419) / 4017.797
=0.10

UFP Industries's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(65.877 + 318.419) / 4017.797
=0.10

* 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.


UFP Industries  (NAS:UFPI) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


UFP Industries Debt-to-Asset Related Terms

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


UFP Industries (UFP Industries) Business Description

Traded in Other Exchanges
Address
2801 East Beltline Avenue NE, Grand Rapids, MI, USA, 49525
UFP Industries Inc is a supplier of lumber to the manufactured housing industry. Today UFP Industries is a multibillion-dollar holding company with subsidiaries around the globe that serve three markets: retail, packaging and construction.
Executives
Patrick M. Benton officer: XVP UFP Eastern Div - North 2801 EAST BELTLINE NE, GRAND RAPIDS MI 49525
William G Currie director 2801 EAST BELTINE N E, GRAND RAPIDS MI 49505
Michael R Cole officer: Chief Financial Officer 2801 EAST BELTLINE, N.E., GRAND RAPIDS MI 49525
Mary E Tuuk director 625 KENMOOR AVE SE, SUITE 301, GRAND RAPIDS MI 49456
Bruce A Merino director 3800 WEST CHAPMAN AVE, ORANGE CA 92868
David A. Tutas officer: Vice President Legal & Secty 2801 EAST BELTLINE NE, GRAND RAPIDS MI 49525
Matthew J Missad director, officer: Chief Executive Officer 2801 EAST BELTLINE, N.E., GRAND RAPIDS MI 49525
Patrick M Webster officer: Pres. and Chief Operating Off. 2801 EAST BELTLINE NE, GRAND RAPIDS MI 49525
William Danny Schwartz officer: Exec. VP, Operations Services 2801 EAST BELTLINE AVE NE, GRAND RAPIDS MI 49525
Allen T Peters officer: President, UFP Western Div 2801 EAST BELTLINE NE, GRAND RAPIDS MI 49525
Benjamin J. Mclean director 2801 E BELTLINE AVE NE, GRAND RAPIDS MI 49525
Scott T Bravata officer: Vice President Administration 2801 EAST BELTLINE NE, GRAND RAPIDS MI 49525
Michael G. Wooldridge director 2801 EAST BELTLINE NE, GRAND RAPIDS MI 49525
Donald L James officer: XVP National Sales 2801 EAST BELTLINE, N.E., GRAND RAPIDS MI 49525
Scott A Worthington officer: President, UFP Industrial, LLC 2801 EAST BELTLINE NE, GRAND RAPIDS MI 49525