Ameren Corp (AEE)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 19,230,000 | 40,830,000 | 37,904,000 | 35,735,000 | 32,030,000 |
| Total stockholders’ equity | US$ in thousands | 7,371,000 | 11,349,000 | 10,508,000 | 9,700,000 | 8,938,000 |
| Financial leverage ratio | 2.61 | 3.60 | 3.61 | 3.68 | 3.58 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $19,230,000K ÷ $7,371,000K
= 2.61
The financial leverage ratio of Ameren Corp has shown fluctuations over the years. It was 3.58 as of December 31, 2020, and increased to 3.68 by December 31, 2021. Subsequently, the ratio decreased to 3.61 by December 31, 2022, and then to 3.60 by December 31, 2023. However, there was a significant decrease to 2.61 as of December 31, 2024.
Overall, Ameren Corp's financial leverage ratio indicates the company's level of debt relative to its equity capital has varied, with a notable decrease in leverage by the end of 2024. This suggests changes in the company's capital structure and potential shifts in risk and financial flexibility over the analyzed period. Additional information and context would be necessary to fully evaluate the implications of these fluctuations.
Peer comparison
Dec 31, 2024