Leidos Holdings Inc (LDOS)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 13,104,000 | 13,338,000 | 12,817,000 | 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 |
| 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, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $13,104,000K
= 0.00
Leidos Holdings Inc has consistently maintained a debt-to-assets ratio of 0.00 over the period from December 31, 2019, to December 31, 2024. This indicates that the company's level of debt relative to its total assets is very low or negligible. A debt-to-assets ratio of 0.00 typically suggests that the company is financing its operations primarily through equity rather than debt, which can be viewed positively as it signifies lower financial risk and better financial stability. Leidos Holdings Inc's solid financial position, reflected in its consistently low debt-to-assets ratio, may indicate sound financial management and a reduced dependence on external borrowing for funding its operations and investments.
Peer comparison
Dec 31, 2024