Leidos Holdings Inc (LDOS)
Debt-to-equity ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 4,201,000 | 4,299,000 | 4,291,000 | 3,862,000 | 3,413,000 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $4,201,000K
= 0.00
The debt-to-equity ratio of Leidos Holdings Inc has consistently been reported as 0.00 from 2019 to 2023. This indicates that the company has not utilized any debt to finance its operations compared to equity during this period. A debt-to-equity ratio of 0.00 signifies that the company has either zero debt or a very minimal amount in comparison to its equity. This could imply a low financial leverage strategy, signaling a conservative approach towards funding its operations and investments. Additionally, a lower debt-to-equity ratio may indicate a lower financial risk for the company, as it is not relying heavily on borrowed funds for its growth and operations.
Peer comparison
Dec 31, 2023