Amentum Holdings Inc. (AMTM)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 4,460,000 | 4,460,000 | 374,239 | 3,259,000 | — |
| Debt-to-capital ratio | 0.00 | 0.51 | 0.00 | 0.00 | — |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $4,460,000K)
= 0.00
The debt-to-capital ratio of Amentum Holdings Inc. provides insight into the company's financial leverage and risk exposure. Looking at the data provided, the ratios for December 31, 2022, and December 31, 2023, indicate that the company had no debt in relation to its capital during those periods.
However, there was a significant increase in the ratio to 0.51 as of September 30, 2024, suggesting that Amentum Holdings Inc. took on debt relative to its capital, indicating a higher level of financial leverage. It is crucial to monitor this trend as a higher debt-to-capital ratio can potentially increase the company's financial risk and impact its ability to meet debt obligations.
The ratio returning to 0.00 by December 31, 2024, may indicate that the company took measures to reduce its debt levels or improve its capital structure. Overall, continued monitoring of the debt-to-capital ratio is essential to assess Amentum Holdings Inc.'s financial health and risk management strategies.
Peer comparison
Dec 31, 2024