KBR Inc (KBR)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 1,453,000 | 1,383,000 | 1,620,000 | 1,669,000 | 1,580,000 |
| Debt-to-capital ratio | 0.64 | 0.57 | 0.46 | 0.53 | 0.50 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $2,533,000K ÷ ($2,533,000K + $1,453,000K)
= 0.64
The debt-to-capital ratio for KBR Inc has shown some fluctuations over the past five years. Starting at 0.50 in December 31, 2020, the ratio increased to 0.53 by December 31, 2021, indicating a higher proportion of debt in the company's capital structure. Subsequently, the ratio decreased to 0.46 by December 31, 2022, suggesting a reduction in the company's reliance on debt financing. However, by December 31, 2023, the ratio increased to 0.57, indicating a higher proportion of debt relative to capital. The trend continued with a further increase to 0.64 by December 31, 2024, signaling a significant increase in debt compared to capital in the company's capital structure. Overall, the increasing trend in the debt-to-capital ratio over the years may indicate a growing level of debt risk for KBR Inc.
Peer comparison
Dec 31, 2024