BXC (BlueLinx Holdings) Debt-to-Equity : 0.97 (As of Sep. 2024)

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What is BlueLinx Holdings Debt-to-Equity?

BlueLinx Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $21 Mil. BlueLinx Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $615 Mil. BlueLinx Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $656 Mil. BlueLinx Holdings's debt to equity for the quarter that ended in Sep. 2024 was 0.97.

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 BlueLinx Holdings's Debt-to-Equity or its related term are showing as below:

BXC' s Debt-to-Equity Range Over the Past 10 Years
Min: -55.39 Med: 0.96 Max: 346.5
Current: 0.97

During the past 13 years, the highest Debt-to-Equity Ratio of BlueLinx Holdings was 346.50. The lowest was -55.39. And the median was 0.96.

BXC's Debt-to-Equity is ranked worse than
81.51% of 146 companies
in the Industrial Distribution industry
Industry Median: 0.465 vs BXC: 0.97

BlueLinx Holdings Debt-to-Equity Historical Data

The historical data trend for BlueLinx Holdings'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.

BlueLinx Holdings Debt-to-Equity Chart

BlueLinx Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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-27.34

10.94

1.70

1.04

0.97

BlueLinx Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.97	0.97	0.95	0.97	0.97

Competitive Comparison of BlueLinx Holdings's Debt-to-Equity

For the Industrial Distribution subindustry, BlueLinx Holdings'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.

BlueLinx Holdings's Debt-to-Equity Distribution in the Industrial Distribution Industry

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

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

BlueLinx Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BlueLinx Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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
	=	(17.462	+	600.51)	/	634.286
	=	0.97

BlueLinx Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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
	=	(20.823	+	614.748)	/	655.589
	=	0.97

BlueLinx Holdings (NYSE:BXC) 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.

BlueLinx Holdings Debt-to-Equity Related Terms

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

BlueLinx Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » BlueLinx Holdings Inc (NYSE:BXC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

FZG1:Germany

Address

1950 Spectrum Circle, Suite 300, Marietta, GA, USA, 30067

Website

https://www.bluelinxco.com

BlueLinx Holdings Inc is engaged in the wholesale distribution of residential and commercial building products. Its business products are split into two categories: Structural products include items such as lumber, plywood, oriented strand board, rebar, and remesh and Specialty products include items such as engineered wood, siding, millwork, outdoor living, specialty lumber and panels, and industrial products. The company's operations are carried out throughout the United States.

Executives

Mitchell B Lewis	director, officer: President And CEO	4300 WILDWOOD PARKWAY, ATLANTA GA 30339
Kimberly Ann Debrock	officer: VP & CHIEF ACCOUNTING OFFICER	3460 PRESTON RIDGE ROAD, SUITE 600, ALPHARETTA GA 30005
Wamser R Andrew Jr	officer: SVP & CHIEF FINANCIAL OFFICER	C/O SCHWEITZER-MAUDUIT INTERNATIONAL, 100 NORTH POINT PARKWAY, SUITE 600, ALPHARETTA GA 30022
Anuj Dhanda	director	ALBERTSONS COMPANIES, INC., 250 PARKCENTER BOULEVARD, BOISE ID 83706
Keith Haas	director	1950 SPECTRUM CIRCLE, SUITE 300, MARIETTA GA 30067
Marietta Edmunds Zakas	director	1200 ABERNATHY RD, SUITE 1200, ATLANTA GA 30328
Michael Wilson	officer: SENIOR VICE PRESIDENT	1950 SPECTRUM CIRCLE, SUITE 300, MARIETTA GA 30067
Gibson Dwight Audley Konrad	director, officer: President and CEO	C/O SPX FLOW, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Carol B Yancey	director	2999 CIRCLE 75 PKWY, ATLANTA GA 30339
Adam Bowen	officer: VP & CHIEF ACCOUNTING OFFICER	1950 SPECTRUM CIRCLE, SUITE 300, MARIETTA GA 30067
Kevin A Henry	officer: CHIEF PEOPLE OFFICER	13024 BALLANTYNE CORPORATE PLACE, HARRIS BUILDING, SUITE 900, CHARLOTTE NC 28277
Dominic Dinapoli	director	500 EAST PRATT STREET, SUITE 1400, BALTIMORE MD 21202
Sean Dwyer	officer: See Remarks	1950 SPECTRUM CIRCLE, SUITE 300, MARIETTA GA 30067
Kim S Fennebresque	director	BLUELINX HOLDINGS INC, 4300 WILDWOOD PARKWAY, ATLANTA GA 30339
Shyam K. Reddy	officer: Chief Administrative Officer	4300 WILDWOOD PARKWAY, ATLANTA GA 30339