Huntington Ingalls Industries (Huntington Ingalls Industries) Debt-to-Equity

: 0.65 (As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

Huntington Ingalls Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $231 Mil. Huntington Ingalls Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,442 Mil. Huntington Ingalls Industries's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $4,093 Mil. Huntington Ingalls Industries's debt to equity for the quarter that ended in Dec. 2023 was 0.65.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Huntington Ingalls Industries's Debt-to-Equity or its related term are showing as below:

HII' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.65 Med: 0.88 Max: 1.24
Current: 0.65

During the past 13 years, the highest Debt-to-Equity Ratio of Huntington Ingalls Industries was 1.24. The lowest was 0.65. And the median was 0.88.

HII's Debt-to-Equity is ranked worse than
64.71% of 255 companies
in the Aerospace & Defense industry
Industry Median: 0.44 vs HII: 0.65

Huntington Ingalls Industries Debt-to-Equity Historical Data

The historical data trend for Huntington Ingalls Industries's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Huntington Ingalls Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.91

0.97

1.24

0.90

0.65

Huntington Ingalls Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																0.90	0.88	0.85	0.72	0.65

Competitive Comparison

For the Aerospace & Defense subindustry, Huntington Ingalls Industries's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Huntington Ingalls Industries Debt-to-Equity Distribution

For the Aerospace & Defense industry and Industrials sector, Huntington Ingalls Industries's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Huntington Ingalls Industries's Debt-to-Equity falls into.

Huntington Ingalls Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Huntington Ingalls Industries's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(231	+	2442)	/	4093
	=	0.65

Huntington Ingalls Industries's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(231	+	2442)	/	4093
	=	0.65

Huntington Ingalls Industries (NYSE:HII) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Huntington Ingalls Industries Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Huntington Ingalls Industries's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Huntington Ingalls Industries (Huntington Ingalls Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Huntington Ingalls Industries Inc (NYSE:HII) » Definitions » Debt-to-Equity

Comparable Companies

CW WWD BWXT HXL DRS MOG.A AVAV TXT SPR AXON RTX LMT BA XPAR:AIR NOC GD XPAR:SAF TDG LSE:BA. LHX

Traded in Other Exchanges

HI4:Germany H1II34:Brazil

Address

4101 Washington Avenue, Newport News, VA, USA, 23607

Website

https://www.huntingtoningalls.com

Huntington Ingalls Industries is the largest independent military shipbuilder in the U.S., spun off of Northrop Grumman in 2011. It operates three segments, two of which are historied shipyards: Ingalls produces non-nuclear-powered ships including amphibious landing ships and Arleigh Burke-class destroyers while Newport News produces nuclear-powered ships as the only producer of Gerald Ford-class aircraft carriers and a major subcontractor on Virginia and Columbia-class nuclear submarines. Huntington Ingalls shares production of destroyers and nuclear submarines with General Dynamics' Bath Iron Works and Electric Boat shipyards, respectively. The company's Mission Technologies segment produces uncrewed sea vessels and provides a range of IT and other services to U.S. government agencies.

Executives

Jennifer R. Boykin	officer: Vice President, Engineering	C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVENUE, NEWPORT NEWS VA 23607
D R Wyatt	officer: Corp VP & Treasurer	C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVENUE, NEWPORT NEWS VA 23607
Craig S. Faller	director	C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVE., NEWPORT NEWS VA 23607
Chad N. Boudreaux	officer: Ex VP & Chief Legal Officer	C/O 4101 WASHINGTON AVENUE, BLDG 909-7, NEWPORT NEWS VA 23607
Nicolas G Schuck	officer: Corp VP, Controller & CAO	C/OHUNTINGTON INGALLS INDUSTRIES, 4101 WASHINGTON AVENUE, NEWPORT NEWS VA 23607
Christopher W. Soong	officer: Ex VP & CIO	C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVE., NEWPORT NEWS VA 23607
Hughes Edmond E. Jr.	officer: Ex VP & Chief HR Officer	C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVE. BLDG 909-7, NEWPORT NEWS VA 23607
Green Edgar A Iii	officer: Ex VP, Pres. HII Technical Sol	C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVENUE, NEWPORT NEWS VA 23607
Anastasi D Kelly	director	88317 WOODLEA MILL ROAD, MCLEAN VA 22102
Eric D. Chewning	officer: Ex VP, Strategy & Development	C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVE., NEWPORT NEWS VA 23607
Leo P Denault	director
Todd A. Borkey	officer: Ex VP & Chief Technology Offic	C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVE., NEWPORT NEWS VA 23607
Paul C. Harris	officer: Ex VP & Chief Sustainability	C/O HUNTINGTON INGALLS INDUSTRIES, 4101 WASHINGTON AVE BLDG 909-7, NEWPORT NEWS VA 23607
William R Ermatinger	officer: Corp VP & Chief HR Officer	C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVENUE, NEWPORT NEWS VA 23607
Frank R Jimenez	director	GE HEALTHCARE TECHNOLOGIES INC., 500 W. MONROE ST., CHICAGO IL 606061