KBR Inc (KBR)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 2,533,000 | 1,801,000 | 1,376,000 | 1,875,000 | 1,584,000 |
| Total assets | US$ in thousands | 6,663,000 | 5,565,000 | 5,566,000 | 6,204,000 | 5,705,000 |
| Debt-to-assets ratio | 0.38 | 0.32 | 0.25 | 0.30 | 0.28 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $2,533,000K ÷ $6,663,000K
= 0.38
The debt-to-assets ratio of KBR Inc has shown a fluctuating trend over the past five years. The ratio increased from 0.28 as of December 31, 2020, to 0.38 as of December 31, 2024. This indicates that the company's level of debt in relation to its total assets has been gradually rising over this period.
The ratio peaked in 2024 at 0.38, signifying that 38% of KBR Inc's total assets were financed by debt at that time. A higher debt-to-assets ratio may indicate increased financial risk and leverage for the company, as a significant portion of its assets are funded by debt rather than equity.
Conversely, the ratio decreased to 0.25 as of December 31, 2022, suggesting a relative decrease in the proportion of debt to total assets. However, the ratio increased in the following years, ending at 0.32 as of December 31, 2023.
It is essential for investors and stakeholders to monitor KBR Inc's debt-to-assets ratio over time to assess the company's financial health and its ability to meet its debt obligations.
Peer comparison
Dec 31, 2024