Belden Inc (BDC)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 1,294,740 | 1,235,210 | 1,219,850 | 1,155,840 | 1,166,260 | 1,199,400 | 1,162,970 | 1,133,520 | 1,143,010 | 1,133,810 | 1,048,200 | 946,770 | 955,287 | 939,518 | 867,751 | 839,092 | 750,581 | 792,396 | 823,919 | 947,243 |
| Debt-to-capital ratio | 0.47 | 0.50 | 0.49 | 0.51 | 0.51 | 0.49 | 0.51 | 0.51 | 0.50 | 0.48 | 0.52 | 0.56 | 0.60 | 0.61 | 0.64 | 0.64 | 0.68 | 0.65 | 0.65 | 0.59 |
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 for Belden Inc has exhibited fluctuations over the period from March 31, 2020, to December 31, 2024. The ratio started at 0.59 in March 2020 and increased to 0.68 by December 2020. However, from there, it showed a decreasing trend, reaching its lowest point of 0.47 by December 2024.
The decreasing trend in the debt-to-capital ratio indicates that Belden Inc has been effectively managing its debt levels in relation to its total capital over the years. A lower debt-to-capital ratio suggests less reliance on debt financing and a stronger capital structure, which could potentially be viewed positively by investors and creditors.
Overall, the trend in Belden Inc's debt-to-capital ratio reflects a balance in managing debt levels to ensure financial stability and efficiency in capital structure.
Peer comparison
Dec 31, 2024