Leidos Holdings Inc (LDOS)
Solvency ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| 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 |
| Financial leverage ratio | 3.02 | 3.08 | 2.83 | 2.98 | 3.04 | 3.21 | 3.22 | 3.29 | 3.09 | 3.23 | 3.18 | 3.21 | 3.24 | 3.31 | 3.43 | 3.28 | 2.74 | 2.90 | 2.78 | 2.84 |
Leidos Holdings Inc has consistently maintained a low debt-to-assets, debt-to-capital, and debt-to-equity ratio of 0.00 across all reporting periods, indicating that the company has minimal debt in relation to its assets, capital, and equity. This demonstrates a strong financial position with little reliance on debt for financing operations.
The financial leverage ratio, however, has shown some fluctuation over the periods, ranging from 2.74 to 3.43. The increasing trend in the financial leverage ratio indicates that the company's reliance on debt to finance its operations has been gradually increasing. A higher financial leverage ratio suggests higher financial risk, as debt obligations become a larger proportion of the total capital structure.
Overall, Leidos Holdings Inc's solvency ratios reflect a conservative approach to debt management and a relatively stable financial structure, but the trend of increasing financial leverage should be monitored for potential impacts on the company's financial risk profile.
Coverage ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on the table provided, it appears that the interest coverage ratio for Leidos Holdings Inc is not explicitly available or reported for the specified periods. The lack of data on interest coverage ratios hinders a direct assessment of the company's ability to cover its interest expenses with its earnings before interest and taxes (EBIT). In order to perform a more in-depth analysis of Leidos Holdings Inc's financial health and debt servicing capabilities, it is important to have access to the interest coverage ratio data for the respective periods.