Badger Meter Inc (BMI)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $606,232K
= 0.00
The debt-to-equity ratio for Badger Meter Inc has consistently been reported as 0.00 from December 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt or very minimal debt in relation to its equity. This can imply a lower financial risk for the company as there is less reliance on external borrowing to fund operations or investments. However, it's important to note that a very low debt-to-equity ratio can also indicate that the company may not be taking advantage of financial leverage that could potentially boost returns for shareholders. Overall, Badger Meter Inc's consistent 0.00 debt-to-equity ratio suggests a conservative capital structure with a minimal debt burden.
Peer comparison
Dec 31, 2024