KBR Inc (KBR)
Debt-to-capital 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 2,533,000 | 2,560,000 | 1,900,000 | 1,842,000 | 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 |
| Total stockholders’ equity | US$ in thousands | 1,453,000 | 1,503,000 | 1,402,000 | 1,408,000 | 1,383,000 | 1,554,000 | 1,615,000 | 1,644,000 | 1,620,000 | 1,563,000 | 1,586,000 | 1,564,000 | 1,669,000 | 1,486,000 | 1,469,000 | 1,646,000 | 1,580,000 | 1,688,000 | 1,615,000 | 1,630,000 |
| Debt-to-capital ratio | 0.64 | 0.63 | 0.58 | 0.57 | 0.57 | 0.49 | 0.50 | 0.46 | 0.46 | 0.52 | 0.52 | 0.54 | 0.53 | 0.52 | 0.52 | 0.49 | 0.50 | 0.44 | 0.40 | 0.39 |
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 of KBR Inc has shown a gradual increase from 0.39 as of March 31, 2020, to 0.64 as of December 31, 2024. This indicates that the company's level of debt relative to its total capital has been rising over the analyzed period. The ratio surpassed the 0.5 mark in December 31, 2020, signifying that more than half of the company's capital structure was financed by debt at that point. Subsequently, the ratio continued to increase, reaching its peak at 0.64 by the end of December 31, 2024. This upward trend suggests that KBR Inc may be relying more on debt financing compared to other sources of funding. It is important for stakeholders to monitor this ratio closely, as higher debt-to-capital ratios can potentially indicate increased financial risk for the company.
Peer comparison
Dec 31, 2024