Belden Inc (BDC)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 1,294,740 | 1,166,260 | 1,143,010 | 955,287 | 750,581 |
| Debt-to-capital ratio | 0.47 | 0.51 | 0.50 | 0.60 | 0.68 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $1,130,100K ÷ ($1,130,100K + $1,294,740K)
= 0.47
The debt-to-capital ratio of Belden Inc has shown a declining trend over the past five years, indicating a positive development in the company's financial leverage position. Starting at 0.68 in December 31, 2020, the ratio has decreased to 0.47 by December 31, 2024. This trend suggests that Belden Inc has been effectively managing its debt levels in relation to its total capital structure. Lower debt-to-capital ratios generally signify lower financial risk and greater financial stability for the company. Thus, the decreasing trend in the debt-to-capital ratio is a positive indicator of Belden Inc's financial health and ability to meet its financial obligations.
Peer comparison
Dec 31, 2024