Lockheed Martin Corporation (LMT)

Debt-to-assets ratio

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Long-term debt US$ in thousands
Total assets US$ in thousands 55,617,000 55,520,000 55,076,000 54,963,000 52,456,000 56,666,000 56,978,000 54,622,000 52,880,000 52,030,000 51,758,000 51,510,000 50,873,000 51,843,000 52,099,000 51,437,000 50,710,000 50,773,000 49,603,000 49,248,000
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

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $55,617,000K
= 0.00

The debt-to-assets ratio for Lockheed Martin Corporation has consistently remained at 0.00 for all the reported periods from March 31, 2020, to December 31, 2024. This indicates that the company has not used debt as a source of financing its assets during these periods. A debt-to-assets ratio of 0.00 suggests that the company's assets are primarily funded through equity rather than debt. While a low debt-to-assets ratio typically indicates lower financial risk as the company is less reliant on debt, it is important to note that this may also imply missed opportunities for leveraging debt for potential growth or capital efficiency.


See also:

Lockheed Martin Corporation Debt to Assets (Quarterly Data)