KBR Inc (KBR)
Debt-to-assets ratio
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 1,801,000 | 1,516,000 | 1,628,000 | 1,374,000 | 1,376,000 | 1,722,000 | 1,746,000 | 1,870,000 | 1,875,000 | 1,578,000 | 1,585,000 | 1,586,000 | 1,584,000 | 1,314,000 | 1,065,000 | 1,053,000 | 1,183,000 | 1,185,000 | 1,188,000 | 1,223,000 |
| Total assets | US$ in thousands | 5,565,000 | 5,973,000 | 6,287,000 | 5,736,000 | 5,566,000 | 5,354,000 | 5,518,000 | 5,634,000 | 6,204,000 | 5,832,000 | 5,522,000 | 5,675,000 | 5,705,000 | 5,308,000 | 5,010,000 | 5,104,000 | 5,360,000 | 5,402,000 | 5,318,000 | 5,317,000 |
| Debt-to-assets ratio | 0.32 | 0.25 | 0.26 | 0.24 | 0.25 | 0.32 | 0.32 | 0.33 | 0.30 | 0.27 | 0.29 | 0.28 | 0.28 | 0.25 | 0.21 | 0.21 | 0.22 | 0.22 | 0.22 | 0.23 |
December 31, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $1,801,000K ÷ $5,565,000K
= 0.32
The debt-to-assets ratio of KBR Inc has been fluctuating over the past few years, ranging from 0.21 to 0.33. The ratio measures the proportion of the company's assets financed by debt, with a higher ratio indicating a higher level of debt relative to assets.
From the data provided, we can observe that the debt-to-assets ratio peaked at 0.33 in Mar 31, 2022, before decreasing to 0.21 in Jun 30, 2020. This suggests that the company had a higher level of debt relative to assets in Mar 31, 2022, compared to other periods.
Overall, the debt-to-assets ratio of KBR Inc has been relatively stable around the 0.25 to 0.30 range in recent quarters. It is important for investors and analysts to monitor this ratio to assess the company's financial health and its ability to meet its debt obligations.
Peer comparison
Dec 31, 2023