Steelcase Debt To Equity from 2010 to 2024

SCS Stock  USD 13.72  0.45  3.39%   
Steelcase Debt To Equity yearly trend continues to be comparatively stable with very little volatility. Debt To Equity will likely drop to 0.28 in 2024. Debt To Equity is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. View All Fundamentals
 
Debt To Equity  
First Reported
2010-12-31
Previous Quarter
0.5539398
Current Value
0.28400483
Quarterly Volatility
0.09026016
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Steelcase financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Steelcase's main balance sheet or income statement drivers, such as Depreciation And Amortization of 76.7 M, Interest Expense of 19.3 M or Total Revenue of 3.3 B, as well as many indicators such as Price To Sales Ratio of 0.59, Dividend Yield of 0.16 or PTB Ratio of 2.23. Steelcase financial statements analysis is a perfect complement when working with Steelcase Valuation or Volatility modules.
  
Check out the analysis of Steelcase Correlation against competitors.
For more information on how to buy Steelcase Stock please use our How to Invest in Steelcase guide.

Latest Steelcase's Debt To Equity Growth Pattern

Below is the plot of the Debt To Equity of Steelcase over the last few years. It is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. Steelcase's Debt To Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Steelcase's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.97 %10 Years Trend
Very volatile
   Debt To Equity   
       Timeline  

Steelcase Debt To Equity Regression Statistics

Arithmetic Mean0.52
Geometric Mean0.51
Coefficient Of Variation17.46
Mean Deviation0.07
Median0.55
Standard Deviation0.09
Sample Variance0.01
Range0.2913
R-Value0.08
Mean Square Error0.01
R-Squared0.01
Significance0.77
Slope0
Total Sum of Squares0.11

Steelcase Debt To Equity History

2024 0.28
2019 0.55
2013 0.58
2011 0.43
2010 0.38

About Steelcase Financial Statements

Steelcase shareholders use historical fundamental indicators, such as Debt To Equity, to determine how well the company is positioned to perform in the future. Although Steelcase investors may analyze each financial statement separately, they are all interrelated. The changes in Steelcase's assets and liabilities, for example, are also reflected in the revenues and expenses on on Steelcase's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Debt To Equity 0.55  0.28 

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Additional Tools for Steelcase Stock Analysis

When running Steelcase's price analysis, check to measure Steelcase's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Steelcase is operating at the current time. Most of Steelcase's value examination focuses on studying past and present price action to predict the probability of Steelcase's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steelcase's price. Additionally, you may evaluate how the addition of Steelcase to your portfolios can decrease your overall portfolio volatility.