Huntington Ingalls Industries Inc (HII)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 4,666,000 | 4,203,000 | 4,178,000 | 4,126,000 | 4,093,000 | 3,733,000 | 3,646,000 | 3,563,000 | 3,489,000 | 3,048,000 | 2,952,000 | 2,822,000 | 2,808,000 | 2,189,000 | 2,067,000 | 1,979,000 | 1,901,000 | 1,880,000 | 1,678,000 | 1,643,000 |
| Debt-to-capital ratio | 0.40 | 0.29 | 0.29 | 0.35 | 0.35 | 0.37 | 0.40 | 0.41 | 0.42 | 0.46 | 0.51 | 0.53 | 0.54 | 0.60 | 0.45 | 0.46 | 0.47 | 0.55 | 0.58 | 0.50 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $3,110,000K ÷ ($3,110,000K + $4,666,000K)
= 0.40
Huntington Ingalls Industries Inc's debt-to-capital ratio has shown varying trends over the past few years. The ratio stood at 0.50 as of March 31, 2020, and peaked at 0.60 on September 30, 2021. However, since then, there has been a gradual decline in the ratio, reaching 0.29 by June 30, 2024, before increasing slightly to 0.40 by December 31, 2024.
Overall, the company's debt-to-capital ratio indicates the proportion of its capital structure funded by debt. A lower ratio suggests a stronger financial position with less reliance on debt financing. In contrast, a higher ratio may indicate higher financial risk and leverage. It is important for investors and stakeholders to closely monitor this ratio to assess the company's financial health and risk profile.
Peer comparison
Dec 31, 2024