Belden Inc (BDC)
Debt-to-equity 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-equity ratio | 0.87 | 1.03 | 1.02 | 1.53 | 2.10 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $1,130,100K ÷ $1,294,740K
= 0.87
The debt-to-equity ratio of Belden Inc has shown a decreasing trend over the past five years. The ratio was 2.10 as of December 31, 2020, indicating a higher level of debt relative to equity. However, this ratio has gradually declined to 0.87 as of December 31, 2024.
A decreasing debt-to-equity ratio suggests that Belden Inc has been reducing its reliance on debt financing in comparison to shareholders' equity. This trend could indicate improved financial stability and a lower risk of financial distress.
Overall, the declining debt-to-equity ratio of Belden Inc over the five-year period reflects a positive trajectory towards a healthier financial structure, with a lower proportion of debt funding in relation to equity.
Peer comparison
Dec 31, 2024