What is the debt of Culp this year?
Culp has a debt level of 0 USD this year.
Culp Debt 2024
Culp Debt
0 USD
Ticker
CULP
ISIN
US2302151053
WKN
919437
In 2024, Culp's total debt was 0 USD, a -100% change from the -14.6 USD total debt recorded in the previous year.
Culp Aktienanalyse
What does Culp do?
Culp Inc. is a company based in High Point, North Carolina, founded in 1972 by Robert G. Culp and his son Iv Culp. It has become one of the leading manufacturers of textile products. The company specializes in the manufacturing of fabrics, mattress upholstery, and finished products, offering a wide range of products for various industries such as furniture, automotive, and mattress industry. It has three main divisions: Mattress Fabrics Division, Upholstery Fabrics Division, and Global Sourcing & Operations Division. Culp ist eines der beliebtesten Unternehmen auf Eulerpool.com.Debt Details
Understanding Culp's Debt Structure
Culp's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Year-to-Year Comparison
Analyzing Culp's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Impact on Investments
Investors pay close attention to Culp’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Interpreting Debt Fluctuations
Shifts in Culp’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Frequently Asked Questions about Culp stock
What was the debt of Culp compared to the previous year?
The debt of Culp has increased by -100% compared to the previous year dropped.
What are the consequences of high debt for investors in Culp?
High debt can pose a risk for investors of Culp, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
What are the consequences of low debt for investors of Culp?
Low debt means that Culp has a strong financial position and is able to fulfill its obligations without overburdening its finances.
How does an increase in debt from Culp affect the company?
An increase in debt of Culp can adversely affect the financial condition of the company and result in a higher burden on its finances.
How does a reduction of debt of Culp affect the company?
A reduction in debt of Culp can strengthen the company's financial position and improve its ability to meet its financial obligations.
What are some factors that influence the debt of Culp?
Some factors that can influence the debt of Culp include investments, acquisitions, operating costs, and revenue development.
Why are the debts of Culp so important for investors?
The debts of Culp are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
What strategic measures can Culp take to change the debt?
To change the debt, Culp can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
How much dividend does Culp pay?
Over the past 12 months, Culp paid a dividend of 0.23 USD . This corresponds to a dividend yield of about 4.51 %. For the coming 12 months, Culp is expected to pay a dividend of 0 USD.
What is the dividend yield of Culp?
The current dividend yield of Culp is 4.51 %.
When does Culp pay dividends?
Culp pays a quarterly dividend. This is distributed in the months of August, November, February, May.
How secure is the dividend of Culp?
Culp paid dividends every year for the past 0 years.
What is the dividend of Culp?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Culp located?
Culp is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Culp kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Culp from 4/19/2022 amounting to 0.115 USD, you needed to have the stock in your portfolio before the ex-date on 4/8/2022.
When did Culp pay the last dividend?
The last dividend was paid out on 4/19/2022.
What was the dividend of Culp in the year 2023?
In the year 2023, Culp distributed 0.23 USD as dividends.
In which currency does Culp pay out the dividend?
The dividends of Culp are distributed in USD.
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Andere Kennzahlen von Culp
Our stock analysis for Culp Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Culp Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
