Huntington Ingalls Industries Inc (HII)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 12,141,000 | 11,215,000 | 10,857,000 | 10,627,000 | 8,157,000 |
| Total stockholders’ equity | US$ in thousands | 4,666,000 | 4,093,000 | 3,489,000 | 2,808,000 | 1,901,000 |
| Financial leverage ratio | 2.60 | 2.74 | 3.11 | 3.78 | 4.29 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $12,141,000K ÷ $4,666,000K
= 2.60
The financial leverage ratio of Huntington Ingalls Industries Inc has shown a decreasing trend over the past five years. Starting at 4.29 in December 31, 2020, the ratio has steadily decreased to 2.60 by December 31, 2024. A decreasing financial leverage ratio indicates a reduction in the company's reliance on debt financing to fund its operations and growth. This trend suggests that Huntington Ingalls Industries Inc has been effectively managing its debt levels, possibly improving its financial stability and reducing the associated risks. Overall, the decreasing trend in the financial leverage ratio reflects a positive financial position for the company in terms of its capital structure and debt management.
Peer comparison
Dec 31, 2024