Huntington Ingalls Industries Inc (HII)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 3,110,000 | 2,214,000 | 2,506,000 | 3,298,000 | 1,686,000 |
| Total stockholders’ equity | US$ in thousands | 4,666,000 | 4,093,000 | 3,489,000 | 2,808,000 | 1,901,000 |
| Debt-to-equity ratio | 0.67 | 0.54 | 0.72 | 1.17 | 0.89 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $3,110,000K ÷ $4,666,000K
= 0.67
Based on the provided data, the debt-to-equity ratio of Huntington Ingalls Industries Inc has shown fluctuations over the past five years. In 2020, the ratio was 0.89, indicating that the company had more debt relative to its equity. However, by the end of 2021, the ratio increased to 1.17, suggesting a higher level of debt compared to equity.
The ratio experienced a notable decrease by the end of 2022, falling to 0.72, which may indicate a reduction in debt relative to equity during that period. Further improvement was seen by the end of 2023, with the ratio declining to 0.54, signaling a lower reliance on debt compared to equity.
However, by the end of 2024, the ratio slightly increased to 0.67, implying a moderate rise in debt relative to equity compared to the previous year. Overall, Huntington Ingalls Industries Inc has displayed varying levels of debt compared to equity over the analyzed period, reflecting different financial strategies and potential shifts in the company's capital structure.
Peer comparison
Dec 31, 2024