Belden Inc (BDC)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 3,327,940 | 3,240,190 | 3,161,680 | 3,417,680 | 3,139,730 |
| Total stockholders’ equity | US$ in thousands | 1,294,740 | 1,166,260 | 1,143,010 | 955,287 | 750,581 |
| Financial leverage ratio | 2.57 | 2.78 | 2.77 | 3.58 | 4.18 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $3,327,940K ÷ $1,294,740K
= 2.57
The financial leverage ratio of Belden Inc has shown a decreasing trend over the past five years. As of December 31, 2020, the ratio stood at 4.18, indicating a higher level of financial leverage. However, by December 31, 2024, the ratio had decreased to 2.57, suggesting a reduction in the company's reliance on debt to finance its operations. This trend towards lower financial leverage can be seen as a positive sign, as it may indicate improved financial stability and decreased risk associated with debt levels. It is important for investors and stakeholders to continue monitoring this ratio to assess Belden Inc's financial health and risk profile.
Peer comparison
Dec 31, 2024