Ameren Corp (AEE)

Debt-to-capital ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 7,371,000 11,349,000 10,508,000 9,700,000 8,938,000
Debt-to-capital ratio 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 + $7,371,000K)
= 0.00

The debt-to-capital ratio of Ameren Corp has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt significantly as a source of financing its operations and growth, as the ratio measures the proportion of total debt to total capital employed. A low or zero debt-to-capital ratio suggests a lower financial risk as the company is using more equity financing than debt financing. Ameren Corp's stable and low debt-to-capital ratio over the years signifies a conservative financial strategy and may indicate a strong financial position with a lower reliance on external borrowing for its operations and investments.