Belden Inc (BDC)
Financial leverage 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Financial leverage ratio | 2.57 | 2.70 | 2.89 | 2.70 | 2.78 | 2.61 | 2.70 | 2.71 | 2.77 | 2.61 | 2.89 | 3.17 | 3.58 | 3.55 | 3.77 | 3.75 | 4.18 | 3.83 | 3.86 | 1.03 |
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 fluctuations over the period from March 31, 2020, to December 31, 2024. This ratio reflects the company's level of debt relative to its equity.
Initially, in March 2020, the ratio was low at 1.03, indicating a conservative debt level compared to equity. However, this ratio increased significantly to 4.18 by December 2020, suggesting a substantial increase in financial leverage.
From March 2021 to June 2022, the ratio remained relatively stable between 3.75 and 2.89, indicating that the company maintained a moderate level of financial leverage.
There was a downward trend in the financial leverage ratio from September 2022 to December 2024, decreasing from 2.61 to 2.57. This downward trend could suggest a decrease in the company's reliance on debt financing or an increase in equity.
Overall, the financial leverage ratio of Belden Inc fluctuated but generally remained within a moderate range during the period analyzed, indicating a balanced mix of debt and equity in the company's capital structure.
Peer comparison
Dec 31, 2024