Huntington Ingalls Industries Inc (HII)
Financial leverage 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Financial leverage ratio | 2.60 | 2.64 | 2.71 | 2.71 | 2.74 | 2.85 | 2.98 | 3.04 | 3.11 | 3.48 | 3.59 | 3.74 | 3.78 | 4.75 | 3.93 | 4.15 | 4.29 | 4.49 | 4.91 | 4.63 |
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 few years, indicating a favorable financial position in terms of debt management and capital structure efficiency. The ratio decreased from 4.63 as of March 31, 2020, to 2.60 as of December 31, 2024.
A decreasing trend in the financial leverage ratio suggests that the company has been reducing its reliance on debt financing and improving its ability to meet financial obligations using equity capital. A lower financial leverage ratio implies less financial risk and increased stability for the company.
Overall, the decreasing trend in Huntington Ingalls Industries Inc's financial leverage ratio indicates a positive shift towards a more conservative capital structure, potentially leading to improved financial health and sustainability in the long term.
Peer comparison
Dec 31, 2024