Ameren Corp (AEE)
Financial leverage 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 44,598,000 | 43,298,000 | 42,334,000 | 41,306,000 | 40,830,000 | 39,599,000 | 38,947,000 | 38,064,000 | 37,904,000 | 37,657,000 | 37,108,000 | 36,197,000 | 35,735,000 | 34,665,000 | 33,916,000 | 32,789,000 | 32,030,000 | 30,517,000 | 30,016,000 | 29,272,000 |
| Total stockholders’ equity | US$ in thousands | 12,114,000 | 11,833,000 | 11,539,000 | 11,443,000 | 11,349,000 | 11,043,000 | 10,697,000 | 10,607,000 | 10,508,000 | 10,201,000 | 9,880,000 | 9,806,000 | 9,700,000 | 9,685,000 | 9,353,000 | 9,148,000 | 8,938,000 | 8,489,000 | 8,227,000 | 8,085,000 |
| Financial leverage ratio | 3.68 | 3.66 | 3.67 | 3.61 | 3.60 | 3.59 | 3.64 | 3.59 | 3.61 | 3.69 | 3.76 | 3.69 | 3.68 | 3.58 | 3.63 | 3.58 | 3.58 | 3.59 | 3.65 | 3.62 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $44,598,000K ÷ $12,114,000K
= 3.68
Ameren Corp's financial leverage ratio has shown some fluctuation over the reported periods. The financial leverage ratio indicates the proportion of the company's debt to its equity, reflecting the company's reliance on debt financing.
From March 31, 2020, to December 31, 2024, Ameren Corp's financial leverage ratio ranged between 3.58 and 3.76. The ratio remained relatively stable within this range, with minor fluctuations observed from quarter to quarter.
The upward trend observed from June 30, 2022, to June 30, 2024, might suggest increased reliance on debt financing during these periods. However, the ratio decreased again towards the end of 2024, indicating a potential decrease in debt relative to equity.
Overall, Ameren Corp's financial leverage ratio remained within a moderate range over the reported periods, suggesting a balanced mix of debt and equity in its capital structure. It is essential for investors and analysts to monitor this ratio to assess the company's risk and financial stability.
Peer comparison
Dec 31, 2024