What is the level of liabilities of Culp this year?
Culp has a debt balance of 55.92 M USD this year.
Culp Liabilities 2024
Culp Liabilities
55.92 M USD
Ticker
CULP
ISIN
US2302151053
WKN
919437
In 2024, Culp's total liabilities amounted to 55.92 M USD, a -3.74% difference from the 58.1 M USD total liabilities 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.Liabilities Details
Assessing Culp's Liabilities
Culp's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Culp's financial stability, operational efficiency, and long-term viability.
Year-to-Year Comparison
By comparing Culp's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.
Impact on Investments
Culp's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.
Interpreting Liability Fluctuations
Shifts in Culp’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.
Frequently Asked Questions about Culp stock
What were the liabilities of Culp compared to the previous year?
The liabilities of Culp have increased by -3.74% dropped compared to the previous year.
What are the consequences of high debt for investors of Culp?
High liabilities can pose a risk for investors of Culp, as they can weaken the company's financial position and impair its ability to meet its obligations.
What consequences do low liabilities have for investors in Culp?
Low liabilities mean that Culp has a strong financial position and is able to meet its obligations without overburdening its finances.
How does an increase in liabilities of Culp affect the company?
An increase in liabilities of Culp can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.
How does a reduction in the liabilities of Culp affect the company?
A decrease in the liabilities of Culp can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.
What are some factors that influence the liabilities of Culp?
Some factors that can influence the liabilities of Culp include investments, acquisitions, operating costs, and sales development.
Why is the level of liabilities of Culp so important for investors?
The liabilities of Culp are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.
What strategic measures can Culp take to modify the liabilities?
To change its liabilities, Culp can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.
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.
