Curtiss-Wright Corporation (CW)
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 | 958,949 | 1,050,360 | 1,051,900 | 1,050,610 | 958,292 |
| Total stockholders’ equity | US$ in thousands | 2,449,800 | 2,328,410 | 1,981,210 | 1,826,490 | 1,787,570 |
| Debt-to-equity ratio | 0.39 | 0.45 | 0.53 | 0.58 | 0.54 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $958,949K ÷ $2,449,800K
= 0.39
Based on the data provided for Curtiss-Wright Corporation's debt-to-equity ratio from 2020 to 2024, we can observe a declining trend over the five-year period. The ratio decreased from 0.54 in 2020 to 0.39 in 2024, indicating a reduction in the company's reliance on debt relative to equity during this time frame.
A decreasing debt-to-equity ratio can suggest that the company is effectively managing its debt levels and/or experiencing growth in shareholders' equity, which are positive indicators of financial health and stability. However, it is important to note that a low debt-to-equity ratio does not necessarily imply financial strength, as it depends on various factors such as the industry norms, business model, and economic conditions.
Overall, the decreasing trend in Curtiss-Wright Corporation's debt-to-equity ratio from 2020 to 2024 reflects a potential improvement in the company's financial structure and a reduced risk associated with high debt levels. It indicates a balanced capital structure and a positive stance towards debt management.
Peer comparison
Dec 31, 2024