Textron Inc (TXT)
Debt-to-capital ratio
| Dec 31, 2024 | Sep 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 7,204,000 | 6,951,000 | 6,931,000 | 6,987,000 | 7,067,000 | 7,034,000 | 7,008,000 | 7,113,000 | 6,762,000 | 6,801,000 | 6,917,000 | 6,815,000 | 6,037,000 | 6,101,000 | 5,996,000 | 5,845,000 | 5,741,000 | 5,527,000 | 5,534,000 | 5,518,000 |
| 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 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $7,204,000K)
= 0.00
The debt-to-capital ratio of Textron Inc has consistently been reported as 0.00 over the last several periods from December 31, 2019, to December 31, 2024. This indicates that the company has not utilized debt as a significant source of financing relative to its capital structure during these periods. A debt-to-capital ratio of 0.00 suggests that the company's capital structure is composed primarily of equity rather than debt, signaling a lower financial risk level in terms of debt obligations. This stable and consistently low debt-to-capital ratio may imply that Textron Inc has been managing its financial leverage effectively and may have a strong balance sheet with minimal debt exposure.
Peer comparison
Dec 31, 2024