Belden Inc (BDC)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 1,130,100 | 1,218,960 | 1,164,840 | 1,180,120 | 1,204,210 | 1,145,800 | 1,187,150 | 1,179,010 | 1,161,180 | 1,045,350 | 1,137,850 | 1,213,640 | 1,459,990 | 1,492,640 | 1,527,050 | 1,509,710 | 1,573,730 | 1,500,720 | 1,537,370 | 1,385,440 |
| Total assets | US$ in thousands | 3,327,940 | 3,340,450 | 3,522,600 | 3,119,310 | 3,240,190 | 3,129,400 | 3,145,330 | 3,066,780 | 3,161,680 | 2,960,500 | 3,026,020 | 3,003,270 | 3,417,680 | 3,335,180 | 3,269,930 | 3,147,670 | 3,139,730 | 3,036,080 | 3,177,030 | 972,258 |
| Debt-to-assets ratio | 0.34 | 0.36 | 0.33 | 0.38 | 0.37 | 0.37 | 0.38 | 0.38 | 0.37 | 0.35 | 0.38 | 0.40 | 0.43 | 0.45 | 0.47 | 0.48 | 0.50 | 0.49 | 0.48 | 1.42 |
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 declining trend from 1.42 as of March 31, 2020, to 0.34 as of December 31, 2024. This indicates that over the years, Belden Inc has been reducing its reliance on debt to finance its assets. A decreasing debt-to-assets ratio suggests that the company is becoming less risky in terms of its financial leverage and potentially improving its overall financial health. This trend could be perceived positively by investors and stakeholders as it reflects a stronger financial position and less vulnerability to financial distress.
Peer comparison
Dec 31, 2024