BWX Technologies Inc (BWXT)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 1,042,970 | 1,203,420 | 1,282,620 | 1,189,300 | 862,731 |
| Total stockholders’ equity | US$ in thousands | 1,080,680 | 933,351 | 748,310 | 637,175 | 617,766 |
| Debt-to-equity ratio | 0.97 | 1.29 | 1.71 | 1.87 | 1.40 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $1,042,970K ÷ $1,080,680K
= 0.97
The debt-to-equity ratio for BWX Technologies Inc has shown some fluctuations over the five-year period from December 31, 2020, to December 31, 2024.
At the beginning of the period, on December 31, 2020, the ratio stood at 1.40, indicating that the company had $1.40 in debt for every $1 of equity. This suggests a moderate level of leverage.
By the end of the period, on December 31, 2024, the debt-to-equity ratio had decreased to 0.97, signaling a reduction in the company's reliance on debt to finance its operations. A lower debt-to-equity ratio generally indicates a healthier financial position and lower risk for investors.
Throughout the period, the debt-to-equity ratio fluctuated, reaching a peak of 1.87 on December 31, 2021, and then declining to 1.29 on December 31, 2023. These fluctuations could suggest varying capital structure decisions or changes in the company's financial strategy.
Overall, the downward trend in the debt-to-equity ratio from 2020 to 2024 reflects a potentially positive shift towards a more balanced capital structure and improved financial strength for BWX Technologies Inc.
Peer comparison
Dec 31, 2024