Belden Inc (BDC)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 1,130,100 | 1,204,210 | 1,161,180 | 1,459,990 | 1,573,730 |
| Total assets | US$ in thousands | 3,327,940 | 3,240,190 | 3,161,680 | 3,417,680 | 3,139,730 |
| Debt-to-assets ratio | 0.34 | 0.37 | 0.37 | 0.43 | 0.50 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $1,130,100K ÷ $3,327,940K
= 0.34
The debt-to-assets ratio of Belden Inc has shown a decreasing trend over the past five years. As of December 31, 2020, the ratio was 0.50, indicating that Belden Inc had more debt relative to its total assets. However, the ratio decreased to 0.43 by December 31, 2021, and further decreased to 0.37 by December 31, 2022 and has remained stable at 0.37 by December 31, 2023. As of the most recent data on December 31, 2024, the ratio has decreased again to 0.34.
This trend indicates that Belden Inc has been effectively managing its debt levels in relation to its total assets, which could suggest improved financial stability and lower risk of financial distress. A decreasing debt-to-assets ratio generally indicates a lower reliance on debt financing, which can be positive for the company's long-term financial health and sustainability.
Peer comparison
Dec 31, 2024