What Does Itron's Debt Look Like?

What Does Itron's Debt Look Like?


Shares of Itron (NASDAQ:ITRI) decreased by 9.22% in the past three months. Before we understand the importance of debt, let us look at how much debt Itron has.

Itron's Debt

Based on Itron's balance sheet as of May 3, 2021, long-term debt is at $496.53 million and current debt is at $400.00 million, amounting to $896.53 million in total debt. Adjusted for $574.59 million in cash-equivalents, the company's net debt is at $321.94 million.

Let's define some of the terms we used in the paragraph above. Current debt is the portion of a company's debt which is due within 1 year, while long-term debt is the portion …

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