The AES Corporation (AES)
Debt-to-equity 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 | 3,644,000 | 2,488,000 | 2,437,000 | 2,798,000 | 2,634,000 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $3,644,000K
= 0.00
The debt-to-equity ratio of The AES Corporation has consistently been 0.00 for the years between December 31, 2020, and December 31, 2024. This indicates that the company has not relied on debt financing to fund its operations during this period and has maintained a strong position in terms of its equity capital. A debt-to-equity ratio of 0.00 signifies that the company's total debt is either extremely low or non-existent compared to its equity, suggesting a conservative financial structure and potentially lower financial risk. However, it is important to consider other factors such as the nature of the industry, growth prospects, and overall financial health of the company when evaluating its financial position.