Huntington Ingalls Industries Inc (HII)
Debt-to-equity 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-equity ratio | 0.67 | 0.41 | 0.41 | 0.54 | 0.54 | 0.59 | 0.66 | 0.70 | 0.72 | 0.85 | 1.05 | 1.13 | 1.17 | 1.52 | 0.82 | 0.85 | 0.89 | 1.21 | 1.36 | 1.01 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $3,110,000K ÷ $4,666,000K
= 0.67
Huntington Ingalls Industries Inc's debt-to-equity ratio has shown a fluctuating trend over the years from March 31, 2020, to December 31, 2024. Starting at 1.01 in March 2020, the ratio increased to 1.52 by September 30, 2021, indicating higher debt levels relative to equity during that period. Subsequently, the ratio decreased to 0.54 by March 31, 2024, reflecting a reduction in the company's debt compared to its equity.
Overall, the company's debt-to-equity ratio has shown both upward and downward movements, with the most recent ratio standing at 0.67 as of December 31, 2024. This suggests that Huntington Ingalls Industries Inc has been managing its debt and equity structure effectively, maintaining a relatively balanced financial leverage position in the most recent period.
Peer comparison
Dec 31, 2024