BWX Technologies Inc (BWXT)
Debt-to-equity 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-equity ratio | 0.97 | 1.15 | 1.21 | 1.29 | 1.29 | 1.53 | 1.58 | 1.73 | 1.71 | 1.88 | 1.96 | 1.97 | 1.87 | 2.17 | 1.11 | 1.55 | 1.40 | 1.64 | 1.72 | 2.12 |
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 of BWX Technologies Inc has exhibited fluctuations over the period from March 31, 2020, to December 31, 2024. The ratio started at 2.12 in March 2020, indicating that the company had high debt relative to its equity at that time. However, the ratio gradually declined over the subsequent quarters, reaching a low of 0.97 by December 31, 2024.
A decreasing trend in the debt-to-equity ratio suggests that BWX Technologies Inc has been effectively reducing its debt levels in relation to its equity, which can be viewed positively by investors and creditors. This improvement in the ratio could signify enhanced financial stability and reduced financial risk for the company.
It's noteworthy that although the ratio experienced fluctuations throughout the period, it generally trended downwards, indicating a favorable shift towards a more balanced capital structure. This could potentially enhance the company's ability to withstand economic downturns, access capital at favorable rates, and support future growth initiatives.
Overall, the decreasing trend in BWX Technologies Inc's debt-to-equity ratio indicates a positive trajectory in managing its debt levels relative to equity, which may strengthen its financial position and warrant further analysis to understand the underlying strategies driving these developments.
Peer comparison
Dec 31, 2024