Valmont Industries Inc (VMI)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 1,542,090 | 1,541,690 | 1,471,480 | 1,409,290 | 1,354,280 | 1,501,740 | 1,612,220 | 1,540,100 | 1,580,850 | 1,512,730 | 1,488,380 | 1,476,050 | 1,386,850 | 1,318,140 | 1,294,620 | 1,224,810 | 1,182,060 | 1,162,440 | 1,126,840 | 1,087,410 |
| Debt-to-equity ratio | 0.47 | 0.58 | 0.69 | 0.79 | 0.82 | 0.65 | 0.59 | 0.64 | 0.55 | 0.62 | 0.67 | 0.65 | 0.68 | 0.68 | 0.66 | 0.60 | 0.62 | 0.67 | 0.69 | 0.71 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $729,941K ÷ $1,542,090K
= 0.47
The debt-to-equity ratio of Valmont Industries Inc has exhibited some fluctuations over the past few years. It decreased from 0.71 as of March 31, 2020, to 0.47 as of December 31, 2024. The trend in the ratio indicates that the company has been reducing its reliance on debt as a source of financing relative to equity.
The ratio dipped to its lowest point of 0.47 as of December 31, 2024, suggesting a strong position in terms of financial leverage and solvency. However, it is important to note the slight increase in the ratio from 0.59 as of June 30, 2023, to 0.82 as of December 31, 2023, which could indicate a temporary increase in debt levels or a decrease in equity during that period.
Overall, the decreasing trend in the debt-to-equity ratio indicates that Valmont Industries Inc has been managing its debt levels efficiently and maintaining a healthy balance between debt and equity in its capital structure.
Peer comparison
Dec 31, 2024