Leggett & Platt Debt/Equity
What is the Debt/Equity of Leggett & Platt?
The Debt/Equity of Leggett & Platt, Inc. is 2.48
What is the definition of Debt/Equity?
Debt to equity ratio is a financial ratio indicating the relative proportion of shareholders’ equity and debt used to finance a company’s assets.
lfy (last fiscal year)
The debt to equity ratio is generally calculated by dividing debt by equity. The D/E ratio is also known as risk, gearing or leverage. The two components are often taken from the firm's balance sheet or statement of financial position (so-called book value), but the ratio may also be calculated using market values for both, if the company's debt and equity are publicly traded, or using a combination of book value for debt and market value for equity financially. Preferred stock can be considered part of debt or equity. Attributing preferred shares to one or the other is partially a subjective decision but will also take into account the specific features of the preferred shares. When used to calculate a company's financial leverage, the debt usually includes only the long-term debt.
Debt/Equity of companies in the Consumer Discretionary sector on NYSE compared to Leggett & Platt
What does Leggett & Platt do?
Leggett & Platt is an American diversified manufacturer that designs and produces various engineered components and products that can be found in homes and automobiles. The company offers steel rods, drawn wires, foam chemicals and additives, innersprings, specialty foams, private label finished mattresses, mattress foundations, wire forms for mattress foundations, adjustable beds, industrial sewing and quilting machines, and mattress packaging and glue drying equipment, as well as machines to produce innersprings for industrial users of steel rods and wires, manufacturers of finished bedding, big box and e-commerce retailers, bedding brands and mattress retailers, department stores, and home improvement centers.
Companies with debt/equity similar to Leggett & Platt
- Briggs & Stratton has Debt/Equity of 2.47
- SOCAM Development has Debt/Equity of 2.47
- Aptiv Plc has Debt/Equity of 2.47
- Artisan Partners Asset Management Inc has Debt/Equity of 2.47
- Fulcrum Utility Services has Debt/Equity of 2.48
- Vivimed Labs has Debt/Equity of 2.48
- Leggett & Platt has Debt/Equity of 2.48
- C.H. Robinson Worldwide has Debt/Equity of 2.48
- Kaiser Aluminum Corp has Debt/Equity of 2.48
- Nestlé SA has Debt/Equity of 2.48
- Yida China has Debt/Equity of 2.48
- Aurum Pacific (China) has Debt/Equity of 2.48
- CSSC (Hong Kong) Shipping has Debt/Equity of 2.48