Amentum Holdings Inc. (AMTM)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | 4,643,000 | — | — | — |
| Total assets | US$ in thousands | 11,974,000 | 11,974,000 | 6,413,000 | 4,220,000 | — |
| Debt-to-assets ratio | 0.00 | 0.39 | 0.00 | 0.00 | — |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $11,974,000K
= 0.00
The debt-to-assets ratio for Amentum Holdings Inc. has shown a consistent trend over the years based on the provided data. As of December 31, 2022, and December 31, 2023, the company reported a debt-to-assets ratio of 0.00, indicating that the company had no debt relative to its total assets during these periods.
However, by September 30, 2024, the debt-to-assets ratio increased to 0.39, suggesting that the company took on debt equivalent to 39% of its total assets by the end of the third quarter of that year. This could indicate a shift in the company's financing strategy or an increase in its liabilities relative to its assets.
The ratio returned to 0.00 by December 31, 2024, implying that the company possibly reduced its debt levels as a proportion of its total assets by the end of that year. Overall, the fluctuations in the debt-to-assets ratio highlight the changing financial leverage and risk profile of Amentum Holdings Inc. during the analyzed periods.
Peer comparison
Dec 31, 2024