KBR Inc (KBR)
Debt-to-equity 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-equity ratio | 1.74 | 1.70 | 1.36 | 1.31 | 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 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $2,533,000K ÷ $1,453,000K
= 1.74
The debt-to-equity ratio of KBR Inc has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The ratio started at 0.65 on March 31, 2020, indicating a higher proportion of equity relative to debt.
However, the ratio steadily increased throughout the following quarters, reaching a peak of 1.74 on December 31, 2024. This suggests that the company's reliance on debt compared to equity grew over time.
The fluctuating trend in the debt-to-equity ratio may indicate shifts in the company's financing strategy and capital structure. Higher debt levels can offer benefits such as tax advantages and leverage for growth, but they also come with increased financial risk and interest expenses.
It is important to monitor the trend in the debt-to-equity ratio to assess KBR Inc's financial health and the potential impact on its liquidity, solvency, and overall risk profile. Additionally, stakeholders may analyze this ratio in conjunction with other financial metrics to gain a comprehensive understanding of the company's financial position and performance.
Peer comparison
Dec 31, 2024