Fortrea Holdings Inc. (FTRE)

Debt-to-capital ratio

Dec 31, 2024 Dec 31, 2023
Long-term debt US$ in thousands 1,049,700 1,565,900
Total stockholders’ equity US$ in thousands 1,362,400 1,714,100
Debt-to-capital ratio 0.44 0.48

December 31, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $1,049,700K ÷ ($1,049,700K + $1,362,400K)
= 0.44


Peer comparison

Dec 31, 2024