BWX Technologies Inc (BWXT)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 1,080,680 | 1,058,750 | 998,488 | 946,222 | 933,351 | 872,036 | 841,659 | 788,129 | 748,310 | 712,714 | 704,286 | 659,889 | 637,175 | 578,315 | 708,997 | 656,238 | 617,766 | 550,186 | 481,517 | 429,512 |
| Debt-to-capital ratio | 0.49 | 0.54 | 0.55 | 0.56 | 0.56 | 0.60 | 0.61 | 0.63 | 0.63 | 0.65 | 0.66 | 0.66 | 0.65 | 0.68 | 0.53 | 0.61 | 0.58 | 0.62 | 0.63 | 0.68 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $1,042,970K ÷ ($1,042,970K + $1,080,680K)
= 0.49
The debt-to-capital ratio of BWX Technologies Inc has shown a downward trend over the last few years, decreasing from 0.68 as of March 31, 2020, to 0.49 as of December 31, 2024. This indicates that the company's reliance on debt as a source of financing relative to its total capital has been decreasing. A decreasing trend in the debt-to-capital ratio can be seen as a positive sign, as it may suggest improved financial stability and lower financial risk for the company. The decreasing trend could also signal improved operational efficiency and an ability to fund its operations and investments with a lower reliance on debt.
Peer comparison
Dec 31, 2024