Curtiss-Wright Corporation (CW)
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 | 958,949 | 959,302 | 959,655 | 960,009 | 1,050,360 | 1,050,710 | 1,176,070 | 1,229,620 | 1,051,900 | 1,141,210 | 1,006,580 | 967,744 | 1,050,610 | 957,101 | 957,504 | 957,907 | 958,292 | 1,058,710 | 834,802 | 906,220 |
| Total assets | US$ in thousands | 4,985,700 | 4,885,740 | 4,748,190 | 4,612,080 | 4,620,970 | 4,413,960 | 4,441,100 | 4,362,120 | 4,448,300 | 4,342,160 | 4,402,530 | 4,089,370 | 4,103,540 | 4,083,300 | 4,084,980 | 3,981,050 | 4,021,330 | 3,959,780 | 3,642,670 | 3,631,390 |
| Debt-to-assets ratio | 0.19 | 0.20 | 0.20 | 0.21 | 0.23 | 0.24 | 0.26 | 0.28 | 0.24 | 0.26 | 0.23 | 0.24 | 0.26 | 0.23 | 0.23 | 0.24 | 0.24 | 0.27 | 0.23 | 0.25 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $958,949K ÷ $4,985,700K
= 0.19
The debt-to-assets ratio of Curtiss-Wright Corporation has shown some fluctuations over the past few years, ranging between 0.19 and 0.28. This ratio indicates the proportion of the company's assets that are financed through debt, with lower ratios suggesting lower financial risk.
From March 31, 2020, to December 31, 2022, the debt-to-assets ratio remained relatively stable, hovering around the 0.24 to 0.26 range. However, there was a notable increase in the ratio to 0.28 by March 31, 2023, suggesting a higher reliance on debt to fund its assets at that point.
Subsequently, the ratio decreased gradually over the following quarters, dropping to 0.19 by December 31, 2024. This downward trend indicates a reduction in debt relative to total assets, which may signal improved financial health and lower leverage for the company during this period.
Overall, the debt-to-assets ratio of Curtiss-Wright Corporation has displayed variability but trended downwards in recent quarters, reflecting a potentially stronger balance sheet and improved financial stability.
Peer comparison
Dec 31, 2024