Badger Meter Inc (BMI)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 606,232 | 516,482 | 442,422 | 403,070 | 361,259 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $606,232K)
= 0.00
The debt-to-capital ratio for Badger Meter Inc for the years 2020, 2021, 2022, 2023, and 2024 remained consistently at 0.00. This indicates that the company did not have any debt in relation to its capital structure during this period. A debt-to-capital ratio of zero signifies that the company funded its operations and investments entirely with equity rather than debt. While a low debt-to-capital ratio can be a positive sign of financial stability and a lower risk of default, it is essential to acknowledge that it may also suggest missed opportunities for leveraging debt to potentially enhance returns. Further analysis of the company's overall financial health, liquidity, and capital structure would provide a more comprehensive understanding of its financial performance and risk profile.
Peer comparison
Dec 31, 2024