Amentum Holdings Inc. (AMTM)
Financial leverage ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | ||
|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 11,919,000 | 11,974,000 | 4,052,000 | 4,174,000 | 4,212,000 | 6,413,000 |
| Total stockholders’ equity | US$ in thousands | 4,475,000 | 4,460,000 | 3,208,000 | 3,315,000 | 3,353,000 | 375,000 |
| Financial leverage ratio | 2.66 | 2.68 | 1.26 | 1.26 | 1.26 | 17.10 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $11,919,000K ÷ $4,475,000K
= 2.66
The financial leverage ratio of Amentum Holdings Inc. indicates a notable level of leverage in its capital structure, with a peak ratio of 17.10 as of September 30, 2023, which suggests a significant reliance on debt financing at that point in time. However, the ratio substantially decreased to a more manageable level of around 1.26 as of December 31, 2023, and has remained relatively stable at this level in the following quarters through June 30, 2024.
There was a sudden increase in the financial leverage ratio to 2.68 as of September 30, 2024, and this was slightly mitigated to 2.66 as of December 31, 2024. This uptrend may indicate a recent increase in debt levels relative to equity, potentially signaling an opportunity for improved financial management or a strategic shift in funding strategies.
Overall, while the company experienced fluctuations in its financial leverage ratio during the periods analyzed, it is essential for stakeholders to closely monitor the trend to ensure a sustainable and balanced capital structure that aligns with the company's strategic objectives and risk tolerance.
Peer comparison
Dec 31, 2024