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L.B. Foster Co (L.B. Foster Co) Debt-to-Equity : 0.47 (As of Dec. 2023)


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What is L.B. Foster Co Debt-to-Equity?

L.B. Foster Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.1 Mil. L.B. Foster Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $67.0 Mil. L.B. Foster Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $142.1 Mil. L.B. Foster Co's debt to equity for the quarter that ended in Dec. 2023 was 0.47.

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 L.B. Foster Co's Debt-to-Equity or its related term are showing as below:

FSTR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08   Med: 0.53   Max: 1.2
Current: 0.47

During the past 13 years, the highest Debt-to-Equity Ratio of L.B. Foster Co was 1.20. The lowest was 0.08. And the median was 0.53.

FSTR's Debt-to-Equity is ranked better than
55.43% of 884 companies
in the Transportation industry
Industry Median: 0.545 vs FSTR: 0.47

L.B. Foster Co Debt-to-Equity Historical Data

The historical data trend for L.B. Foster Co'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.

L.B. Foster Co Debt-to-Equity Chart

L.B. Foster Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.33 0.24 0.77 0.47

L.B. Foster Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.77 0.69 0.72 0.59 0.47

Competitive Comparison of L.B. Foster Co's Debt-to-Equity

For the Railroads subindustry, L.B. Foster Co'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.


L.B. Foster Co's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, L.B. Foster Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where L.B. Foster Co's Debt-to-Equity falls into.



L.B. Foster Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

L.B. Foster Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

L.B. Foster Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


L.B. Foster Co  (NAS:FSTR) 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.


L.B. Foster Co Debt-to-Equity Related Terms

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


L.B. Foster Co (L.B. Foster Co) Business Description

Traded in Other Exchanges
Address
415 Holiday Drive, Suite 100, Pittsburgh, PA, USA, 15220
L.B. Foster Co is a US-based firm engaged in the manufacturing, fabrication, and distribution of products and services, especially for the rail, construction, energy, and utility industry. The company operates its business through three segments: Rail Technologies and Services; Precast Concrete Products and Steel Products and Measurement. Its principal business activity involves providing new and used rail, trackwork, and accessories, producing concrete railroad ties, insulated rail joints, power rail, track fasteners, coverboards, and sales of sells and rents steel sheet piling, H-bearing pile, and other piling products for foundation and earth retention requirements. It generates the majority of its revenues from the Rail Products and Services segment.
Executives
Janet Lee director 2600 ANSYS DRIVE, CANONSBURG PA 15317
Diane B Owen director
Dirk Junge director 165 TOWNSHIP LINE RD, JENKINTOWN PA 19046
John E Kunz director 522 N. MACEWEN DRIVE, OSPREY FL 34229
Raymond T Betler director 1001 AIR BRAKE AVENUE, WILMERDING PA 15148
Bruce Ernest Thompson director C/O L.B. FOSTER COMPANY, 415 HOLIDAY DRIVE, SUITE 100, PITTSBURGH PA 15220
Aron R. English 10 percent owner 1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
Alexander B Jones other: See Explanation of Responses 1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
Bryson Hirai-hadley other: See Explanation of Responses 1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
22nw Gp, Inc. 10 percent owner 1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
22nw Fund, Lp 10 percent owner 1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
22nw, Lp 10 percent owner 590 1ST AVE S, UNIT C1, SEATTLE WA 98104
22nw Fund Gp, Llc 10 percent owner 1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
Sean M Reilly officer: Controller TOLLGRADE COMMUNICATIONS INC, 493 NIXON RD., CHESWICK PA 15024
William Treacy officer: Chief Growth Officer 415 HOLIDAY DRIVE, PITTSBURGH PA 15220

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