Kratos Defense & Security Solutions (KTOS)

Debt-to-capital ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 1,353,200 976,000 936,300 945,100 925,300
Debt-to-capital ratio 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,353,200K)
= 0.00

The debt-to-capital ratio for Kratos Defense & Security Solutions has consistently been reported at 0.00 across the four fiscal year-ends from December 31, 2020, through December 31, 2024. This sustained ratio indicates that the company has not utilized long-term or short-term debt as a component of its capital structure during this period. Consequently, the company's capital appears to be financed entirely through equity or other non-debt sources, reflecting an absence of leverage in its financial structure. This consistent lack of leverage suggests a conservative approach to debt management, potentially reducing financial risk but also possibly limiting acceleration of growth through debt financing.


Peer comparison

Dec 31, 2024

Company name
Symbol
Debt-to-capital ratio
Kratos Defense & Security Solutions
KTOS
0.00
Lockheed Martin Corporation
LMT
0.00