Leidos Holdings Inc (LDOS)

Debt-to-assets 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
Total assets US$ in thousands 12,695,000 12,757,000 13,026,000 13,132,000 13,071,000 13,099,000 12,887,000 13,030,000 13,261,000 13,281,000 13,035,000 12,638,000 12,511,000 12,285,000 12,143,000 10,988,000 9,367,000 9,410,000 9,327,000 9,360,000
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

December 31, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $12,695,000K
= 0.00

The debt-to-assets ratio for Leidos Holdings Inc has consistently been reported as 0.00 across all the periods listed, indicating that the company does not have debt on its balance sheet or that the level of debt is negligible compared to its total assets. This suggests that Leidos Holdings Inc has a conservative debt management strategy, with a low financial risk associated with debt repayment obligations. A debt-to-assets ratio of 0.00 indicates a strong financial position as the company's assets are entirely financed by equity, which may be perceived positively by investors and creditors. It is essential to note that while a low debt-to-assets ratio signifies financial stability, it is also important to assess other financial metrics alongside to gain a comprehensive understanding of the company's financial health.


Peer comparison

Dec 31, 2023