Huntington Ingalls Industries Inc (HII)
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 | 3,110,000 | 1,709,000 | 1,715,000 | 2,235,000 | 2,214,000 | 2,213,000 | 2,396,000 | 2,498,000 | 2,506,000 | 2,605,000 | 3,102,000 | 3,200,000 | 3,298,000 | 3,321,000 | 1,689,000 | 1,688,000 | 1,686,000 | 2,278,000 | 2,276,000 | 1,667,000 |
| Total assets | US$ in thousands | 12,141,000 | 11,082,000 | 11,310,000 | 11,167,000 | 11,215,000 | 10,621,000 | 10,859,000 | 10,849,000 | 10,857,000 | 10,615,000 | 10,586,000 | 10,557,000 | 10,627,000 | 10,400,000 | 8,132,000 | 8,214,000 | 8,157,000 | 8,445,000 | 8,233,000 | 7,615,000 |
| Debt-to-assets ratio | 0.26 | 0.15 | 0.15 | 0.20 | 0.20 | 0.21 | 0.22 | 0.23 | 0.23 | 0.25 | 0.29 | 0.30 | 0.31 | 0.32 | 0.21 | 0.21 | 0.21 | 0.27 | 0.28 | 0.22 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $3,110,000K ÷ $12,141,000K
= 0.26
The debt-to-assets ratio of Huntington Ingalls Industries Inc has shown some fluctuations over the past few years. The ratio decreased from 0.22 as of March 31, 2020, to 0.15 as of June 30, 2024. This indicates that the company's debt relative to its total assets has been decreasing, which could imply improved financial strength and stability. However, it is important to note that there was a slight increase in the ratio towards the end of 2024, reaching 0.26 as of December 31, 2024. Overall, the trend suggests that Huntington Ingalls Industries Inc has been effectively managing its debt levels in relation to its asset base.
Peer comparison
Dec 31, 2024