Amentum Holdings Inc. (AMTM)
Debt-to-capital ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | ||
|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 4,475,000 | 4,460,000 | 3,208,000 | 3,315,000 | 3,353,000 | 375,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $4,475,000K)
= 0.00
Based on the provided data, Amentum Holdings Inc. has consistently maintained a debt-to-capital ratio of 0.00% across the periods from September 30, 2023, to December 31, 2024.
A debt-to-capital ratio of 0.00% indicates that the company has no debt relative to its total capital, which consists of both debt and equity. This suggests that Amentum Holdings Inc. is financing its operations primarily through equity rather than debt.
Having a low or zero debt-to-capital ratio can be viewed positively as it implies lower financial risk, lower interest expenses, and potentially greater financial flexibility. However, it is important to consider that an excessively low debt level could also mean missed opportunities to leverage debt for potential growth or tax advantages.
Overall, the consistently low debt-to-capital ratio of Amentum Holdings Inc. indicates a conservative approach to capital structure and financial risk management.
Peer comparison
Dec 31, 2024