The current Debt to Equity Ratio is estimated to increase to 0.016, while Long Term Debt to Equity is projected to decrease to 0.0411. The company has a current ratio of 3.14, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Badger Meter until it has trouble settling it off, either with new capital or with free cash flow. So, Badger Meter's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Badger Meter sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Badger to invest in growth at high rates of return. When we think about Badger Meter's use of debt, we should always consider it together with cash and equity.