Badger Meter Inc (BMI)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 816,413 | 716,919 | 603,047 | 530,818 | 468,380 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $816,413K
= 0.00
Based on the provided data, Badger Meter Inc has consistently maintained a debt-to-assets ratio of 0.00 across the years from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt financing to fund its operations or acquisitions during this period and instead relies primarily on equity financing. A debt-to-assets ratio of 0.00 signifies a conservative financial structure with no long-term debt obligations relative to its total assets. This suggests that Badger Meter Inc has a strong financial position with low financial risk, as it does not have debt repayment obligations that could strain its cash flow or profitability. Overall, the company's consistent zero debt-to-assets ratio reflects a prudent financial strategy focused on maintaining a debt-free capital structure.
Peer comparison
Dec 31, 2024