Badger Meter Inc (BMI)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 816,413 | 591,185 | 563,138 | 535,567 | 516,482 | 492,706 | 475,592 | 458,037 | 442,422 | 422,859 | 416,183 | 409,881 | 403,070 | 391,824 | 381,847 | 369,849 | 361,259 | 351,543 | 341,143 | 335,721 |
| Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $816,413K)
= 0.00
The debt-to-capital ratio of Badger Meter Inc has consistently remained at 0.00 throughout the periods from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt in its capital structure during this time frame. A debt-to-capital ratio of 0.00 signifies that the company's capital is entirely derived from equity rather than debt. This can be a positive indicator as it suggests that the company may have a strong financial position with no financial leverage, reducing the risk of potential financial distress from debt obligations. However, it is important to consider that a low debt-to-capital ratio could also mean missed opportunities for leverage that could potentially enhance returns for shareholders.
Peer comparison
Dec 31, 2024