Valmont Industries Inc (VMI)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 729,941 | 1,107,880 | 870,935 | 947,072 | 728,431 |
| Total assets | US$ in thousands | 3,329,970 | 3,477,450 | 3,557,000 | 3,447,250 | 2,953,160 |
| Debt-to-assets ratio | 0.22 | 0.32 | 0.24 | 0.27 | 0.25 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $729,941K ÷ $3,329,970K
= 0.22
The debt-to-assets ratio of Valmont Industries Inc has shown some fluctuations over the past five years. As of December 31, 2020, the ratio stood at 0.25, indicating that 25% of the company's assets were financed by debt. The ratio increased slightly to 0.27 by December 31, 2021, and then decreased to 0.24 by December 31, 2022.
However, there was a notable increase in the debt-to-assets ratio by December 31, 2023, where it reached 0.32, suggesting that 32% of Valmont Industries' assets were financed through debt. Subsequently, by December 31, 2024, the ratio decreased to 0.22, indicating a lower level of debt relative to the company's total assets.
Overall, the trend in the debt-to-assets ratio of Valmont Industries Inc shows some variability, with fluctuations over the five-year period. Investors and stakeholders may want to closely monitor future changes in this ratio to assess the company's financial leverage and risk management strategies.
Peer comparison
Dec 31, 2024