Other
Debt Instrument Convertible Conversion Ratio1
NiSource Debt Instrument Convertible Conversion Ratio1 remained flat by 0.0% to 12.8% in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 3.0%, from 13.2% to 12.8%. Over 4 years (FY 2021 to FY 2025), Debt Instrument Convertible Conversion Ratio1 shows a downward trend with a -2.9% CAGR.
Analysis
StatementIncome Statement
SectionOther
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ1 2018
Last reportedQ4 2025Feb 11, 2026
How to read this metric
A higher ratio increases the potential for equity dilution, which may impact existing shareholder value upon conversion.
Detailed definition
Defines the number of common shares into which a single unit of convertible debt can be converted. This ratio is critica...
Peer comparison
Standard metric for companies with complex capital structures involving convertible notes or debentures.
Metric ID:
other_debt_instrument_convertible_conversion_ratio1Historical Data
5 years
| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | 57.4% | 58.9% | 58.2% | 52.6% | 51% |
| YoY Change | — | +2.6% | -1.2% | -9.6% | -3.0% |
Range51% – 58.9%
CAGR-2.9%
Avg YoY Growth-2.8%
Median YoY Growth-2.1%
Current Streak3 years decline
Debt Instrument Convertible Conversion Ratio1 at Other Companies
Frequently Asked Questions
- What is NiSource's debt instrument convertible conversion ratio1?
- NiSource (NI) reported debt instrument convertible conversion ratio1 of 12.8% in Q4 2025.
- How has NiSource's debt instrument convertible conversion ratio1 changed year-over-year?
- NiSource's debt instrument convertible conversion ratio1 decreased by 3.0% year-over-year, from 13.2% to 12.8%.
- What is the long-term trend for NiSource's debt instrument convertible conversion ratio1?
- Over 4 years (2021 to 2025), NiSource's debt instrument convertible conversion ratio1 has grown at a -2.9% compound annual growth rate (CAGR), from 57.4% to 51.0%.
- What does debt instrument convertible conversion ratio1 mean?
- The rate at which convertible debt can be exchanged for common stock.