GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Griffon Corp (NYSE:GFF) » Definitions » Debt-to-Equity

GFF (Griffon) Debt-to-Equity : 7.27 (As of Dec. 2024)


View and export this data going back to 1991. Start your Free Trial

What is Griffon Debt-to-Equity?

Griffon's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $42 Mil. Griffon's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $1,614 Mil. Griffon's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $228 Mil. Griffon's debt to equity for the quarter that ended in Dec. 2024 was 7.27.

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

GFF' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.48   Med: 2.44   Max: 8.73
Current: 7.27

During the past 13 years, the highest Debt-to-Equity Ratio of Griffon was 8.73. The lowest was 1.48. And the median was 2.44.

GFF's Debt-to-Equity is ranked worse than
98.31% of 532 companies
in the Conglomerates industry
Industry Median: 0.555 vs GFF: 7.27

Griffon Debt-to-Equity Historical Data

The historical data trend for Griffon'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.

Griffon Debt-to-Equity Chart

Griffon Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.72 1.48 3.70 5.23 7.59

Griffon Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 5.71 8.73 7.51 7.59 7.27

Competitive Comparison of Griffon's Debt-to-Equity

For the Conglomerates subindustry, Griffon'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.


Griffon's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Griffon's Debt-to-Equity distribution charts can be found below:

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


;
;

Griffon Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Griffon's Debt to Equity Ratio for the fiscal year that ended in Sep. 2024 is calculated as

Griffon's Debt to Equity Ratio for the quarter that ended in Dec. 2024 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.


Griffon  (NYSE:GFF) 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.


Griffon Debt-to-Equity Related Terms

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


Griffon Business Description

Traded in Other Exchanges
Address
712 Fifth Avenue, 18th Floor, New York, NY, USA, 10019
Griffon Corp manufactures and markets residential, commercial and industrial garage doors to professional installing dealers and home center retail chains. It also provides non-powered landscaping products for homeowners and professionals. Its operating segments include Consumer and Professional Products: is a provider of branded consumer and professional tools; residential, industrial and commercial fans; home storage and organization products; and Home and Building Products conducts its operations through Clopay Corporation (Clopay). Clopay is the manufacturer and marketer of garage doors and rolling steel doors in North America. The company generates a majority of its revenue from the Home and Building Products segment. Operates in USA, Europe, Canada, Australia, and Others.
Executives
Samanta H Stewart director 712 FIFTH AVENUE, C/O GRIFFON CORPORATION, NEW YORK NY 100194108
Cheryl L Turnbull director POST OFFICE BOX 2200, KNOXVILLE TN 37933-2000
James W Sight director 712 FIFTH AVENUE, C/O GRIFFON CORPORATION, NEW YORK NY 100194108
W. Christopher Durborow officer: VP, Controller and CAO C/O GRIFFON CORPORATION, 712 FIFTH AVENUE, NEW YORK NY 10019
Seth L. Kaplan officer: Sr VP, Gen. Counsel and Secy 712 FIFTH AVENUE, 18TH FLOOR, NEW YORK NY 10019
Brian G Harris officer: SVP, Chief Financial Officer 100 JERICHO QUADRANGLE, SUITE 224, JERICHO NY 11753
Victor Eugene Renuart director C/O GRIFFON CORPORATION, 712 FIFTH AVENUE, NEW YORK NY 10019
Kevin F Sullivan director C/O GRIFFON CORPORATION, 712 FIFTH AVENUE, NEW YORK NY 10019
Louis J. Grabowsky director 6605 ABERDEEN, DALLAS TX 75230
Jerome L Coben director 5482 WILSHIRE BLVD., #1579, LOS ANGELES CA 90036
Robert F Mehmel officer: President and COO GRIFFON CORPORATION, 712 FIFTH AVENUE, NEW YORK NY 10019
Ronald J Kramer director, officer: CEO 712 FIFTH AVENUE, NEW YORK NY 10019
Henry A Alpert director
Voss Value Master Fund, L.p. director 3773 RICHMOND AVENUE, SUITE 500, HOUSTON TX 77046
Voss Value-oriented Special Situations Fund, Lp director 3773 RICHMOND AVENUE, SUITE 500, HOUSTON TX 77046