BWX Technologies Inc (BWXT)

Debt-to-assets ratio

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Long-term debt US$ in thousands 1,042,970 1,220,580 1,203,200 1,220,810 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
Total assets US$ in thousands 2,869,920 2,947,460 2,840,630 2,788,010 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
Debt-to-assets ratio 0.36 0.41 0.42 0.44 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

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $1,042,970K ÷ $2,869,920K
= 0.36

The debt-to-assets ratio of BWX Technologies Inc has exhibited some fluctuations over the analyzed period. The ratio was relatively stable between March 2020 and September 2021, ranging from 0.38 to 0.50. However, there was a significant decrease in the ratio by June 2021 to 0.31, indicating a lower level of debt relative to assets at that point.

Subsequently, the ratio increased to 0.51 by March 2022, reaching its highest point during the period. The ratio remained above 0.48 until December 2023, reflecting a higher proportion of debt in relation to total assets. Between March 2024 and December 2024, there was a gradual decline in the ratio from 0.44 to 0.36, suggesting a reduction in the company's debt relative to its total assets.

Overall, the debt-to-assets ratio of BWX Technologies Inc demonstrates fluctuations over the analyzed timeframe, with the company experiencing varying levels of indebtedness in relation to its total assets.


Peer comparison

Dec 31, 2024

Company name
Symbol
Debt-to-assets ratio
BWX Technologies Inc
BWXT
0.36
Brunswick Corporation
BC
0.32
Cummins Inc
CMI
0.21