Fluor Corporation (FLR)
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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 9,143,000 | 7,100,000 | 6,811,000 | 6,700,000 | 6,973,000 | 7,163,000 | 6,756,000 | 6,630,000 | 6,827,000 | 6,870,000 | 6,525,000 | 6,492,000 | 7,279,560 | 7,258,080 | 7,856,480 | 7,020,920 | 7,309,810 | 7,292,470 | 7,966,660 | 7,292,470 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 0.00 across all reported financial periods from March 31, 2020, to December 31, 2024. This indicates that Fluor Corporation has not utilized debt as a significant source of financing relative to its total assets during these periods. A debt-to-assets ratio of 0.00 suggests that the company's assets are primarily funded through equity or other non-debt sources, implying a lower financial risk profile and potentially a stronger financial position in terms of solvency and stability. It is important to note that a zero debt-to-assets ratio does not necessarily mean that the company has no debt obligations at all, but rather that the amount of debt relative to its total assets is negligible or immaterial in these specific periods.
Peer comparison
Dec 31, 2024