Amentum Holdings Inc. (AMTM)
Financial leverage ratio
| Dec 31, 2024 | Sep 30, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 11,974,000 | 11,974,000 | 6,413,000 | 4,220,000 | — |
| Total stockholders’ equity | US$ in thousands | 4,460,000 | 4,460,000 | 374,239 | 3,259,000 | — |
| Financial leverage ratio | 2.68 | 2.68 | 17.14 | 1.29 | — |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $11,974,000K ÷ $4,460,000K
= 2.68
The financial leverage ratio of Amentum Holdings Inc. has shown significant fluctuations over the years. As of December 31, 2022, the financial leverage ratio was 1.29, indicating a moderate level of financial leverage. However, by December 31, 2023, the ratio surged to a high level of 17.14, suggesting a substantial increase in the company's reliance on debt to finance its operations.
Subsequently, as of September 30, 2024, the financial leverage ratio decreased to 2.68, which may indicate some efforts by the company to reduce its debt levels. This continued at the same level as of December 31, 2024.
Overall, the trend in Amentum Holdings Inc.'s financial leverage ratio reflects varying levels of debt utilization over time, with the company experiencing both high and moderate leverage positions. It is essential for stakeholders to monitor these changes to assess the company's risk exposure and financial stability.
Peer comparison
Dec 31, 2024