Valmont Industries Inc (VMI)
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 | 729,941 | 1,107,880 | 870,935 | 947,072 | 728,431 |
| Total stockholders’ equity | US$ in thousands | 1,542,090 | 1,354,280 | 1,580,850 | 1,386,850 | 1,182,060 |
| Debt-to-capital ratio | 0.32 | 0.45 | 0.36 | 0.41 | 0.38 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $729,941K ÷ ($729,941K + $1,542,090K)
= 0.32
The debt-to-capital ratio for Valmont Industries Inc has fluctuated over the past five years. In December 2020, the ratio stood at 0.38, indicating that 38% of the company's capital structure was funded by debt. By December 2021, the ratio had increased to 0.41, suggesting a slightly higher reliance on debt compared to the previous year.
In December 2022, the debt-to-capital ratio decreased to 0.36, signaling a reduction in the proportion of debt used to finance the company's operations. However, by December 2023, the ratio rose to 0.45, representing a notable increase in the level of debt relative to the company's capital.
In the most recent period, December 2024, the debt-to-capital ratio decreased to 0.32, indicating a lower reliance on debt financing compared to the prior year. Overall, the trend in the debt-to-capital ratio for Valmont Industries Inc suggests some variability in the company's capital structure over the past five years.
Peer comparison
Dec 31, 2024