Leidos Holdings Inc (LDOS)
Debt-to-equity 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-equity 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-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 throughout the provided period from December 31, 2019, to December 31, 2023. This indicates that the company has not had any financial leverage during this time, as its total debt has been equal to or lower than its total equity. A debt-to-equity ratio of 0.00 typically suggests that the company is financing its operations primarily through equity rather than debt. However, it is important to note that a debt-to-equity ratio of 0.00 may also indicate that the company has no debt at all or that the ratio has been rounded to zero due to minimal debt levels relative to equity. Further analysis of the company's capital structure and financial health would be necessary to provide a deeper understanding of its leverage position and overall financial stability.
Peer comparison
Dec 31, 2023