BWX Technologies Inc (BWXT)
Debt-to-assets ratio
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 1,203,420 | 1,334,470 | 1,330,520 | 1,361,570 | 1,282,620 | 1,340,720 | 1,380,250 | 1,299,780 | 1,189,300 | 1,253,830 | 784,111 | 1,018,260 | 862,731 | 902,197 | 826,831 | 911,312 | 809,442 | 849,589 | 855,690 | 856,005 |
| Total assets | US$ in thousands | 2,747,060 | 2,776,840 | 2,740,570 | 2,718,910 | 2,618,940 | 2,672,060 | 2,705,520 | 2,569,110 | 2,501,380 | 2,489,710 | 2,566,400 | 2,351,910 | 2,293,500 | 2,124,310 | 1,971,360 | 1,966,600 | 1,908,910 | 1,826,420 | 1,756,480 | 1,716,790 |
| Debt-to-assets ratio | 0.44 | 0.48 | 0.49 | 0.50 | 0.49 | 0.50 | 0.51 | 0.51 | 0.48 | 0.50 | 0.31 | 0.43 | 0.38 | 0.42 | 0.42 | 0.46 | 0.42 | 0.47 | 0.49 | 0.50 |
December 31, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $1,203,420K ÷ $2,747,060K
= 0.44
The debt-to-assets ratio of BWX Technologies Inc has been relatively stable over the past eight quarters. It ranged from 0.44 to 0.51 during this period, indicating that the company's level of debt relative to its total assets has not significantly changed.
The fluctuation within this range suggests that BWX Technologies Inc has been managing its debt and assets in a consistent manner. A lower ratio indicates a lower proportion of debt financing compared to assets, which can be seen as a positive sign of financial health and stability.
Although the ratio has slightly increased from 0.44 in Q4 2022 to 0.51 in Q1 2022, the overall trend does not show any concerning signs of excessive debt relative to assets. It is important for investors and stakeholders to monitor this ratio over time to ensure that the company maintains a healthy balance between debt and assets in its capital structure.
Peer comparison
Dec 31, 2023