Badger Meter Inc (BMI)
Debt-to-assets 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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 816,413 | 802,861 | 781,260 | 743,474 | 716,919 | 689,757 | 659,252 | 633,403 | 603,047 | 574,373 | 560,031 | 545,938 | 530,818 | 515,047 | 499,016 | 486,295 | 468,380 | 448,636 | 439,533 | 430,956 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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
The debt-to-assets ratio for Badger Meter Inc has consistently been reported as 0.00 for all quarters from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt financing to fund its assets during this period. A debt-to-assets ratio of 0.00 signifies that the company's total assets are entirely financed by equity, which may suggest a low financial risk and a conservative approach to capital structure. It implies that creditors have not provided funding to the company to acquire its assets, and the company does not have any outstanding debt obligations in relation to its assets.
Peer comparison
Dec 31, 2024