Itron (ITRI) Debt-to-Equity

: 0.37 (As of Dec. 2023)

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Itron's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Itron's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $487 Mil. Itron's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,311 Mil. Itron's debt to equity for the quarter that ended in Dec. 2023 was 0.37.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Itron's Debt-to-Equity or its related term are showing as below:

ITRI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.37 Med: 0.55 Max: 1.43
Current: 0.37

During the past 13 years, the highest Debt-to-Equity Ratio of Itron was 1.43. The lowest was 0.37. And the median was 0.55.

ITRI's Debt-to-Equity is ranked worse than
56.79% of 2194 companies
in the Hardware industry
Industry Median: 0.28 vs ITRI: 0.37

Itron Debt-to-Equity Historical Data

The historical data trend for Itron's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Itron Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

1.29

1.21

0.46

0.44

0.37

Itron Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																0.44	0.42	0.41	0.39	0.37

Competitive Comparison

For the Scientific & Technical Instruments subindustry, Itron's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Itron Debt-to-Equity Distribution

For the Hardware industry and Technology sector, Itron's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Itron's Debt-to-Equity falls into.

Itron Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Itron's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	487.483)	/	1310.911
	=	0.37

Itron's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	487.483)	/	1310.911
	=	0.37

Itron (NAS:ITRI) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Itron Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Itron's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Itron (ITRI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Itron Inc (NAS:ITRI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

IT6:Germany IT6:Germany

Address

2111 North Molter Road, Liberty Lake, WA, USA, 99019

Website

https://www.itron.com

Itron Inc provides solutions that measure, manage and analyze energy and water use. It operates under the Itron brand and manages and reports under three operating segments: Device Solutions, Networked Solutions, and Outcomes. The device Solutions segment includes hardware products used for measurement, control, or sense that do not have communications capability embedded for use with broader Itron systems.The networked Solutions segment includes a combination of communicating devices, network infrastructure, and associated application software designed and sold as a complete solution. The outcome segment includes their value-added, enhanced software and services which manage, organize, analyze, and interpret data to improve decision making, maximize operational profitability.

Executives

John F. Marcolini	officer: SVP, Networked Solutions	C/O ITRON, INC., 2111 N MOLTER ROAD, LIBERTY LAKE WA 99019
Reeves Donald L. Iii	officer: SVP Outcomes	555 BROADWAY STREET, REDWOOD CITY CA 94063
Sanjay Mirchandani	director	188 MINNA STREET, #29C, SAN FRANCISCO CA 94105
Christopher E. Ware	officer: VP, General Counsel & Corp Sec	2111 N MOLTER ROAD, LIBERTY LAKE WA 99019
Laurie Ann Pulatie-hahn	officer: SVP, HR	2111 N MOLTER ROAD, LIBERTY LAKE WA 99019
Michel Cadieux	officer: SVP, HR	2111 NORTH MOLTER ROAD, LIBERTY LAKE WA 99019
Thomas Deitrich	officer: EVP, COO	C/O FREESCALE SEMICONDUCTOR, INC., 6501 WILLIAM CANNON DR WEST, TX30/OE19, AUSTIN TX 78735
Joan S Hooper	officer: SVP & CFO	ONE DELL WAY, ROUND ROCK TX 78682
Justin K Patrick	officer: SVP, Device Solutions	1157 CANARY LANE, GRAFTON WI 53024
Mary C. Hemmingsen	director	2111 N MOLTER ROAD, LIBERTY LAKE WA 99019
Sarah E. Hlavinka	officer: SVP. Gen. Counsel & Corp. Sec	2111 N MOLTER RD, LIBERTY LAKE WA 99019
Lynda L. Ziegler	director, officer: Chair of the Board	C/O ITRON, INC., 2111 NORTH MOLTER ROAD, LIBERTY LAKE WA 99019
Thomas S Glanville	director	2818 N SULLIVAN ROAD, SPOLANE WA 99216
Santiago Perez	director	2111 N MOLTER ROAD, LIBERTY LAKE WA 99019
Sharelynn Faye Moore	officer: SVP, Networks	424 W. HIGH DRIVE, SPOKANE WA 99203