KBR Inc (KBR)
Financial leverage 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 5,565,000 | 5,973,000 | 6,287,000 | 5,736,000 | 5,566,000 | 5,354,000 | 5,518,000 | 5,634,000 | 6,204,000 | 5,832,000 | 5,522,000 | 5,675,000 | 5,705,000 | 5,308,000 | 5,010,000 | 5,104,000 | 5,360,000 | 5,402,000 | 5,318,000 | 5,317,000 |
| 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 |
| Financial leverage ratio | 4.02 | 3.84 | 3.89 | 3.49 | 3.44 | 3.43 | 3.48 | 3.60 | 3.72 | 3.92 | 3.76 | 3.45 | 3.61 | 3.14 | 3.10 | 3.13 | 2.91 | 3.01 | 3.00 | 3.00 |
December 31, 2023 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $5,565,000K ÷ $1,383,000K
= 4.02
The financial leverage ratio of KBR Inc has fluctuated over the past few quarters, ranging from 2.91 to 4.02. The ratio indicates the company's reliance on debt to finance its operations and investments. A higher financial leverage ratio suggests that KBR Inc is using more debt to fund its activities, which can potentially magnify returns but also increase financial risk.
The trend in the financial leverage ratio shows some variability, with peaks and troughs observed throughout the periods. Generally, the ratio has been above 3.00, indicating that KBR Inc has a significant level of debt in its capital structure. It is essential for investors and stakeholders to monitor the trend in the financial leverage ratio to assess the company's ability to meet its debt obligations and its overall financial health.
Peer comparison
Dec 31, 2023