Aecom Technology Corporation (ACM)
Debt-to-assets ratio
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 12,061,700 | 12,046,600 | 11,457,400 | 11,389,900 | 11,233,400 | 11,426,400 | 11,386,500 | 11,405,700 | 11,139,300 | 11,248,300 | 11,196,100 | 11,443,000 | 11,734,000 | 11,963,100 | 11,983,800 | 12,504,600 | 12,999,000 | 13,045,100 | 13,115,300 | 15,229,400 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
September 30, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $12,061,700K
= 0.00
The debt-to-assets ratio for Aecom Technology Corporation has consistently been reported as 0.00 for the past eight quarters, indicating that the company has not had any debt on its balance sheet relative to its total assets during this period. This could suggest that Aecom has been financing its operations primarily through equity funding rather than debt. A debt-to-assets ratio of 0.00 signifies a conservative financial structure with low leverage and potential lower financial risk as the company is not relying heavily on borrowed funds to support its operations. However, it is important to note that a zero debt-to-assets ratio may not always be ideal as some level of debt could be beneficial for tax advantages and potential leverage for growth opportunities.
Peer comparison
Sep 30, 2024