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Badger Meter (Badger Meter) Financial Strength : 10 (As of Mar. 2024)


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What is Badger Meter Financial Strength?

Badger Meter has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Badger Meter Inc shows strong financial strength.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

Badger Meter has no long-term debt (1). Badger Meter's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.00. As of today, Badger Meter's Altman Z-Score is 18.78.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Competitive Comparison of Badger Meter's Financial Strength

For the Scientific & Technical Instruments subindustry, Badger Meter's Financial Strength, along with its competitors' market caps and Financial Strength 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.


Badger Meter's Financial Strength Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Badger Meter's Financial Strength distribution charts can be found below:

* The bar in red indicates where Badger Meter's Financial Strength falls into.



Badger Meter Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Badger Meter's Interest Expense for the months ended in Mar. 2024 was $0.0 Mil. Its Operating Income for the months ended in Mar. 2024 was $36.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.0 Mil.

Badger Meter's Interest Coverage for the quarter that ended in Mar. 2024 is

Badger Meter had no long-term debt (1).

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Badger Meter Inc has no debt.

2. Debt to revenue ratio. The lower, the better.

Badger Meter's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 785.12
=0.00

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Badger Meter has a Z-score of 18.78, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 18.78 is strong.

* 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.


Badger Meter  (NYSE:BMI) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Badger Meter has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.


Badger Meter Financial Strength Related Terms

Thank you for viewing the detailed overview of Badger Meter's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Badger Meter (Badger Meter) Business Description

Traded in Other Exchanges
Address
4545 West Brown Deer Road, Milwaukee, WI, USA, 53233
Badger Meter Inc is an innovator, manufacturer, and marketer of products incorporating flow measurement, quality, control, and other system solutions serving markets. The company's products measure water, oil, chemicals, and other fluids, and provide and communicate timely measurement data. Badger's product lines include two categories: sales of water meters, radios, software, and related technologies, and water quality monitoring solutions to water utilities (utility water) and sales of meters and other sensing instruments, valves, software, and other solutions for industrial applications in water, wastewater, and other industries (flow instrumentation). It derives a majority of its revenues from the United States.
Executives
Todd A. Adams director 4701 WEST GREENFIELD AVENUE, MILWAUKEE WI 53214
Kimberly K Stoll officer: VP-Marketing 4545 W BROWN DEER ROAD, MILWAUKEE WI 53223
Fred J Begale officer: VP-Engineering 4545 W BROWN DEER ROAD, MILWAUKEE WI 53223
Richard Htwe officer: VP-Global Operations 4545 W. BROWN DEER ROAD, MILWAUKEE WI 53223
Lars Bo Kristensen officer: VP-Global Flow and Intl Water 4545 W. BROWN DEER ROAD, MILWAUKEE WI 53223
Bergum William R A officer: VP-Gen. Counsel and Secretary P O BOX 245036, 4545 W BROWN DEER RD, MILWAUKEE WI 53223
Xia Liu director ONE ENERGY PLACE, PENSACOLA FL 32520
Gregory M Gomez officer: VP-Engineering 4545 W BROWN DEER RD, MILWAUKEE WI 53223
Melanie K. Cook director 4545 W. BROWN DEER ROAD, P.O. BOX 245036, MILWAUKEE WI 53224
Matthew L Stuyvenberg officer: Vice President-Water Quality 4545 W BROWN DEER ROAD, P.O. BOX 245036, MILWAUKEE WI 53224
Henry F Brooks director 4545 W. BROWN DEER ROAD, P.O. BOX 245036, MILWAUKEE WI 53224-9536
Gail A Lione director C/O HARLEY DAVIDSON, 3700 W. JUNEAU AVE, MILWAUKEE WI 53208
Sheryl Hopkins officer: VP - Human Resources 4545 W. BROWN DEER ROAD, P.O. BOX 245036, MILWAUKEE WI 53224-9536
Richard A Meeusen director, officer: President & CEO, other: Co-trustee, Officers Voting Tr P O BOX 23099, MILWAUKEE WI 532230099
James W Mcgill director 8550 MOSLEY ROAD, HOUSTON TX 77075

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