Parsons Corp (PSN)
Debt-to-equity 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 | 784,096 | 1,132,980 | 1,247,310 | 1,246,440 | 745,963 | 820,366 | 744,777 | 744,140 | 743,605 | 694,718 | 792,982 | 592,450 | 591,922 | 591,399 | 590,876 | 590,346 | 539,998 | 537,119 | — | — |
Total stockholders’ equity | US$ in thousands | 2,416,390 | 2,312,450 | 2,218,510 | 2,149,670 | 2,287,210 | 2,172,740 | 2,119,430 | 2,063,880 | 2,043,570 | 1,953,070 | 1,928,180 | 1,918,190 | 1,900,770 | 1,824,080 | 1,813,460 | 1,796,800 | 1,813,770 | 1,727,500 | 1,667,550 | 1,635,260 |
Debt-to-equity ratio | 0.32 | 0.49 | 0.56 | 0.58 | 0.33 | 0.38 | 0.35 | 0.36 | 0.36 | 0.36 | 0.41 | 0.31 | 0.31 | 0.32 | 0.33 | 0.33 | 0.30 | 0.31 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $784,096K ÷ $2,416,390K
= 0.32
The debt-to-equity ratio of Parsons Corp has shown some fluctuations over the years, indicating changes in its capital structure. From March 31, 2020, to December 31, 2024, the ratio ranged from 0.00 to 0.58. The trend displays an increase in the ratio from the initial values to a peak of 0.58 on March 31, 2024, before dropping back to 0.32 on December 31, 2024. This suggests that the company may have taken on more debt relative to equity during this period, impacting its financial leverage and solvency. It is important for stakeholders to closely monitor this ratio as it can provide insights into the company's ability to meet its financial obligations and manage its financial risks.
Peer comparison
Dec 31, 2024