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.