Itron Inc (ITRI)
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 | 1,242,420 | 454,827 | 452,526 | 450,228 | 902,577 |
| Total stockholders’ equity | US$ in thousands | 1,390,600 | 1,310,910 | 1,168,470 | 1,116,080 | 816,548 |
| Debt-to-capital ratio | 0.47 | 0.26 | 0.28 | 0.29 | 0.53 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $1,242,420K ÷ ($1,242,420K + $1,390,600K)
= 0.47
The debt-to-capital ratio for Itron Inc has shown a decreasing trend over the past five years, starting at 0.53 in December 31, 2020, and steadily reducing to 0.29, 0.28, and 0.26 in the subsequent years up to December 31, 2023. This downward trend indicates that the company has been able to manage its debt levels effectively in relation to its capital structure. However, there was a slight increase to 0.47 in December 31, 2024, which may suggest a potential increase in debt relative to capital during that period. It is important for investors and stakeholders to monitor this ratio to assess the company's financial leverage and risk profile.
Peer comparison
Dec 31, 2024