Leidos Holdings Inc (LDOS)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 13,104,000 | 12,695,000 | 13,071,000 | 13,261,000 | 12,511,000 |
| Total stockholders’ equity | US$ in thousands | 4,412,000 | 4,201,000 | 4,299,000 | 4,291,000 | 3,862,000 |
| Financial leverage ratio | 2.97 | 3.02 | 3.04 | 3.09 | 3.24 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $13,104,000K ÷ $4,412,000K
= 2.97
The financial leverage ratio of Leidos Holdings Inc has been showing a decreasing trend over the past five years. It stood at 3.24 as of December 31, 2020, and gradually declined to 2.97 by December 31, 2024. This indicates that the company has been reducing its reliance on debt to finance its operations and investments over the period. A decreasing financial leverage ratio can suggest improved financial stability and lower risk as the company relies less on borrowed funds. Leidos Holdings Inc's decreasing trend in the financial leverage ratio may also reflect increased equity in the capital structure, giving the company more financial flexibility and potentially better long-term sustainability.
Peer comparison
Dec 31, 2024