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Simpson Manufacturing Co (Simpson Manufacturing Co) Liabilities-to-Assets : 0.38 (As of Dec. 2023)


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What is Simpson Manufacturing Co Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Simpson Manufacturing Co's Total Liabilities for the quarter that ended in Dec. 2023 was $1,025 Mil. Simpson Manufacturing Co's Total Assets for the quarter that ended in Dec. 2023 was $2,705 Mil. Therefore, Simpson Manufacturing Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.38.


Simpson Manufacturing Co Liabilities-to-Assets Historical Data

The historical data trend for Simpson Manufacturing Co's Liabilities-to-Assets 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 Liabilities-to-Assets Chart

Simpson Manufacturing Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.20 0.20 0.44 0.38

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
Liabilities-to-Assets 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 0.42 0.41 0.38 0.37

Competitive Comparison of Simpson Manufacturing Co's Liabilities-to-Assets

For the Lumber & Wood Production subindustry, Simpson Manufacturing Co's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Liabilities-to-Assets Distribution in the Forest Products Industry

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

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



Simpson Manufacturing Co Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Simpson Manufacturing Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=1024.978/2704.724
=0.38

Simpson Manufacturing Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=1024.978/2704.724
=0.38

* 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) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Simpson Manufacturing Co Liabilities-to-Assets Related Terms

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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