Valmont Industries Inc (VMI)
Debt-to-assets 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 | 729,941 | 898,201 | 1,017,540 | 1,107,640 | 1,107,880 | 977,260 | 952,704 | 985,636 | 870,935 | 935,129 | 995,647 | 963,065 | 947,072 | 897,488 | 860,878 | 729,589 | 728,431 | 779,788 | 778,283 | 776,139 |
| Total assets | US$ in thousands | 3,329,970 | 3,496,830 | 3,457,200 | 3,465,380 | 3,477,450 | 3,486,180 | 3,615,840 | 3,604,490 | 3,557,000 | 3,621,730 | 3,674,750 | 3,581,480 | 3,447,250 | 3,411,260 | 3,404,140 | 3,008,080 | 2,953,160 | 2,923,910 | 2,831,840 | 2,757,580 |
| Debt-to-assets ratio | 0.22 | 0.26 | 0.29 | 0.32 | 0.32 | 0.28 | 0.26 | 0.27 | 0.24 | 0.26 | 0.27 | 0.27 | 0.27 | 0.26 | 0.25 | 0.24 | 0.25 | 0.27 | 0.27 | 0.28 |
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 a relatively stable trend over the period under review, ranging from 0.22 to 0.32. This ratio indicates the proportion of the company's total debt to its total assets, with a lower ratio generally considered favorable as it suggests lower financial risk and greater asset coverage.
From December 31, 2024, to March 31, 2023, the debt-to-assets ratio increased steadily from 0.22 to 0.27, indicating a potential increase in the company's debt relative to its assets during this period. However, there was a significant jump in the ratio from March 31, 2023, to December 31, 2023, where it surged to 0.32, suggesting a notable increase in debt compared to assets at the end of 2023.
Subsequently, the ratio fluctuated between 0.22 and 0.29 until September 30, 2024, after which it decreased to 0.22 by the end of December 31, 2024. This decline may signal a reduction in debt in relation to assets, potentially indicating improved financial health and risk management by Valmont Industries Inc during the final quarter of 2024.
Peer comparison
Dec 31, 2024