The AES Corporation (AES)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 47,406,000 | 44,799,000 | 38,363,000 | 32,963,000 | 34,603,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $47,406,000K
= 0.00
The debt-to-assets ratio for The AES Corporation remains at 0.00 for the years 2020, 2021, 2022, 2023, and 2024. This indicates that the company's total debt is effectively non-existent relative to its total assets during these years. A debt-to-assets ratio of 0.00 suggests that The AES Corporation has either no debt or a very minimal amount of debt compared to the value of its assets. This can be considered a favorable financial position as it implies lower financial risk and a lower reliance on debt financing for the company's operations and investments.