KBR Inc (KBR)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 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 | 1,839,000 | 1,797,000 | 1,774,000 | 1,773,000 |
| Debt-to-equity ratio | 1.30 | 0.98 | 1.01 | 0.84 | 0.85 | 1.10 | 1.10 | 1.20 | 1.12 | 1.06 | 1.08 | 0.96 | 1.00 | 0.78 | 0.66 | 0.65 | 0.64 | 0.66 | 0.67 | 0.69 |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $1,801,000K ÷ $1,383,000K
= 1.30
The debt-to-equity ratio of KBR Inc has exhibited fluctuations over the past few years, indicating varying levels of debt relative to equity in the company's capital structure.
For the most recent period ending on December 31, 2023, the debt-to-equity ratio stood at 1.30, suggesting that the company had higher levels of debt compared to equity. This ratio has steadily increased since the beginning of the year, from 0.84 in March 2023 to the current 1.30.
Historically, the company's debt-to-equity ratio ranged between 0.64 to 1.20 over the past five years, with occasional peaks and troughs. The ratio surpassed 1.00 in multiple periods, indicating a higher reliance on debt financing to support operations and growth initiatives.
It is essential for investors and stakeholders to closely monitor KBR Inc's debt-to-equity ratio over time to assess the company's financial leverage and risk profile, as high levels of debt relative to equity may increase financial vulnerability during challenging economic conditions.
Peer comparison
Dec 31, 2023