Leidos Holdings Inc (LDOS)

Debt-to-capital 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 stockholders’ equity US$ in thousands 4,201,000 4,146,000 4,597,000 4,409,000 4,299,000 4,086,000 4,004,000 3,955,000 4,291,000 4,115,000 4,099,000 3,933,000 3,862,000 3,706,000 3,538,000 3,355,000 3,413,000 3,246,000 3,359,000 3,294,000
Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $4,201,000K)
= 0.00

The debt-to-capital ratio of Leidos Holdings Inc has consistently been reported as 0.00 over the past several quarters. This implies that the company has not been using debt extensively to finance its operations relative to its capital structure. A debt-to-capital ratio of 0.00 typically indicates that the company is relying more on equity financing rather than debt financing, which can be considered a positive sign as it indicates a lower risk of financial distress due to excessive leverage. It suggests that the company may have a strong financial position and sufficient internal resources to fund its operations and growth initiatives without heavily relying on borrowed funds. However, it is important to consider other financial metrics and factors in conjunction with the debt-to-capital ratio to gain a more comprehensive understanding of Leidos Holdings Inc's overall financial health and risk profile.


Peer comparison

Dec 31, 2023