Fluor Corporation (FLR)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 9,143,000 | 6,973,000 | 6,827,000 | 7,279,560 | 7,309,810 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $9,143,000K
= 0.00
The debt-to-assets ratio for Fluor Corporation has consistently been at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not had any debt relative to its total assets during this period. A debt-to-assets ratio of 0.00 signifies that the company's assets are entirely funded by equity rather than debt. This can be viewed positively by investors and creditors as it suggests a low level of financial risk and dependency on debt financing. It also indicates a healthy financial position, showing that the company has been effectively managing its capital structure and maintaining a strong balance sheet.
Peer comparison
Dec 31, 2024