KBR Inc (KBR)
Debt-to-equity 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-equity ratio | 1.74 | 1.30 | 0.85 | 1.12 | 1.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $2,533,000K ÷ $1,453,000K
= 1.74
Based on the data provided, KBR Inc's debt-to-equity ratio has been fluctuating over the past five years.
As of December 31, 2020, the debt-to-equity ratio was at 1.00, indicating that the company had an equal amount of debt and equity in its capital structure.
By December 31, 2021, the ratio increased to 1.12, suggesting that the company took on more debt relative to its equity.
The ratio decreased in 2022 to 0.85, indicating that the company had less debt compared to its equity, which could be a positive sign for investors and creditors.
However, by December 31, 2023, the ratio spiked to 1.30, showing an increase in leverage which might raise concerns about the company's debt levels.
Finally, as of December 31, 2024, the ratio increased further to 1.74, signifying that the company had significantly more debt than equity.
In conclusion, the trend in KBR Inc's debt-to-equity ratio has been mixed over the past five years, with fluctuations that could indicate varying levels of financial risk and leverage in the company's capital structure.
Peer comparison
Dec 31, 2024