Foundation Building Materials (Foundation Building Materials) Debt-to-Equity : 1.30 (As of Sep. 2020)

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What is Foundation Building Materials Debt-to-Equity?

Foundation Building Materials's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2020 was $37 Mil. Foundation Building Materials's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2020 was $539 Mil. Foundation Building Materials's Total Stockholders Equity for the quarter that ended in Sep. 2020 was $444 Mil. Foundation Building Materials's debt to equity for the quarter that ended in Sep. 2020 was 1.30.

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 Foundation Building Materials's Debt-to-Equity or its related term are showing as below:

FBM's Debt-to-Equity is not ranked ^*
in the Industrial Distribution industry.
Industry Median: 0.53
* Ranked among companies with meaningful Debt-to-Equity only.

Foundation Building Materials Debt-to-Equity Historical Data

The historical data trend for Foundation Building Materials'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.

Foundation Building Materials Debt-to-Equity Chart

Foundation Building Materials Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Debt-to-Equity

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1.28

2.23

1.54

1.61

Foundation Building Materials Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Debt-to-Equity	Get a 7-Day Free Trial															1.77	1.61	1.93	1.42	1.30

Competitive Comparison of Foundation Building Materials's Debt-to-Equity

For the Industrial Distribution subindustry, Foundation Building Materials'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.

Foundation Building Materials's Debt-to-Equity Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Foundation Building Materials's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Foundation Building Materials's Debt-to-Equity falls into.

Foundation Building Materials Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Foundation Building Materials's Debt to Equity Ratio for the fiscal year that ended in Dec. 2019 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(34.807	+	620.778)	/	408.165
	=	1.61

Foundation Building Materials's Debt to Equity Ratio for the quarter that ended in Sep. 2020 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(36.662	+	538.898)	/	444.426
	=	1.30

Foundation Building Materials (NYSE:FBM) 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.

Foundation Building Materials Debt-to-Equity Related Terms

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Foundation Building Materials (Foundation Building Materials) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Foundation Building Materials Inc (NYSE:FBM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2520 Red Hill Avenue, Santa Ana, CA, USA, 92705

Website

https://www.fbmsales.com

Foundation Building Materials Inc is a specialty distributor of wallboard and suspended ceiling systems in the United States and Canada. It operates through Specialty Building Products segments. Its Specialty Building Products segment distributes wallboard and accessories, metal framing, suspended ceiling systems, and other products, including stucco and EIFS, as well as tools, safety accessories, and fasteners. This segment serves non-residential, residential, and non-residential repair and remodel construction markets. Geographically, it derives maximum revenue from the United States and also has a presence in Canada.

Executives

Onur Demirkaya	officer: Chief Accounting Officer	2520 RED HILL AVE SANTA ANA CA 92705
Barbara J Bitzer	officer: CAO and Senior Controller	FOUNDATION BUILDING MATERIALS, INC. 2741 WALNUT AVENUE, SUITE 200 TUSTIN CA 92780
James R Carpenter	officer: VP Business Development	2741 WALNUT AVENUE SUITE 200 TUSTIN CA 92780
Peter Welly	officer: Chief Operating Officer	2741 WALNUT AVENUE SUITE 200 TUSTIN CA 92780
Ruben Mendoza	director, officer: President and CEO	2741 WALNUT AVENUE SUITE 200 TUSTIN CA 92780
John Gorey	officer: CFO	2741 WALNUT AVENUE SUITE 200 TUSTIN CA 92780
Alan Kirby Thompson	officer: SVP Sales & Marketing	2741 WALNUT AVENUE SUITE 200 TUSTIN CA 92780
James F Underhill	director	MRC GLOBAL INC., 2 HOUSTON CENTER, 909 FANNIN, SUITE 3100, HOUSTON TX 77010
Matthew J Espe	director
Richard James Tilley	officer: VP, Secretary, General Counsel	2741 WALNUT AVENUE SUITE 200 TUSTIN CA 92780
Fareed A Khan	director	USG CORPORATION, 125 SOUTH FRANKLIN STREET, CHICAGO IL 60606
Maureen Eugenia Harrell	director	2520 RED HILL AVE SANTA ANA CA 92705
Lsf9 Cypress Parent 2 Llc	10 percent owner	2711 N. HASKELL AVE. STE. 1700 DALLAS TX 75204
John P Grayken	10 percent owner	2711 NORTH HASKELL AVENUE SUITE 1700 DALLAS TX 75204
Allison Navitskas	director	511 E JOHN CARPENTER FREEWAY, IRVING TX 75062