KBR Inc (KBR)
Solvency ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.32 | 0.25 | 0.26 | 0.24 | 0.25 | 0.32 | 0.32 | 0.33 | 0.30 | 0.27 | 0.29 | 0.28 | 0.28 | 0.25 | 0.21 | 0.21 | 0.22 | 0.22 | 0.22 | 0.23 |
| Debt-to-capital ratio | 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 | 0.39 | 0.40 | 0.40 | 0.41 |
| 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 |
| 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 |
The solvency ratios of KBR Inc show a generally stable financial position over the past five years.
The debt-to-assets ratio has fluctuated between 0.21 to 0.33 during this period, indicating that, on average, the company has financed approximately 25% to 33% of its assets through debt.
The debt-to-capital ratio has also remained relatively consistent, ranging from 0.39 to 0.57, showing that KBR Inc typically funds around 39% to 57% of its capital structure through debt.
Similarly, the debt-to-equity ratio has varied between 0.64 to 1.30, implying that the company has maintained a debt-equity mix of approximately 64% to 130% over the analyzed period.
The financial leverage ratio has shown some variability, with values ranging from 2.91 to 4.02. This ratio indicates the level of financial risk undertaken by the company, with higher values suggesting higher financial leverage.
Overall, KBR Inc's solvency ratios demonstrate a balance between debt and equity financing, with the company maintaining a reasonable level of leverage to support its operations and growth strategies.
Coverage ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | -0.48 | -0.03 | 0.88 | 5.84 | 4.24 | 4.29 | 4.12 | 1.25 | 2.72 | 1.80 | 1.74 | 2.87 | 0.39 | 0.90 | 1.01 | 2.03 | 3.64 | 3.64 | 3.73 | 3.98 |
The interest coverage ratio for KBR Inc has fluctuated over the periods provided in the table. A low interest coverage ratio indicates that the company may have difficulty meeting its interest obligations from its operating income.
The interest coverage ratio was negative for some quarters, indicating that the company's operating income was not sufficient to cover its interest expenses during those periods.
However, there was an improvement in the interest coverage ratio in more recent quarters, with values above 1, indicating that the company's operating income was sufficient to cover its interest expenses.
Overall, KBR Inc's interest coverage ratio has shown variability over time, with improvements in more recent quarters suggesting better financial health in terms of meeting interest obligations.