BWX Technologies Inc (BWXT)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 2,869,920 | 2,747,060 | 2,618,940 | 2,501,380 | 2,293,500 |
| Total stockholders’ equity | US$ in thousands | 1,080,680 | 933,351 | 748,310 | 637,175 | 617,766 |
| Financial leverage ratio | 2.66 | 2.94 | 3.50 | 3.93 | 3.71 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,869,920K ÷ $1,080,680K
= 2.66
The financial leverage ratio of BWX Technologies Inc has fluctuated over the years based on the provided data.
As of December 31, 2020, the financial leverage ratio stood at 3.71, indicating that the company had a higher level of debt in relation to equity at that time.
By December 31, 2021, the financial leverage ratio increased to 3.93, suggesting a further increase in debt relative to equity.
However, by December 31, 2022, there was a decrease in the financial leverage ratio to 3.50, indicating a reduction in the level of debt in relation to equity compared to the previous year.
The trend continued in the following years, with the financial leverage ratio decreasing to 2.94 as of December 31, 2023, and further dropping to 2.66 by December 31, 2024. These decreasing values suggest that BWX Technologies Inc was reducing its reliance on debt financing and improving its financial stability over time.
Overall, the trend indicates that the company has been actively managing its debt levels and moving towards a more balanced capital structure by reducing debt and increasing equity in its capital mix.
Peer comparison
Dec 31, 2024