L3Harris Technologies Inc (LHX)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 19,514,000 | 18,765,000 | 18,523,000 | 19,213,000 | 20,724,000 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $19,514,000K
= 0.00
The debt-to-equity ratio for L3Harris Technologies Inc has consistently been 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has been operating without any long-term debt relative to its equity during this period. A debt-to-equity ratio of 0.00 signifies that the company is not relying on debt financing to fund its operations and growth, which can be seen as a positive indicator of financial stability and prudent management of capital structure. It suggests that the company is financing its activities predominantly through equity, which may be appealing to investors as it indicates a lower financial risk associated with high levels of debt.
Peer comparison
Dec 31, 2024