Constellation Energy Corp (CEG)
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 | 52,926,000 | 50,758,000 | 46,909,000 | 48,086,000 | 48,094,000 |
| 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 ÷ $52,926,000K
= 0.00
Constellation Energy Corp's debt-to-assets ratio has consistently been 0.00 from December 31, 2020, to December 31, 2024. This signifies that the company has no debt relative to its total assets during this period. A debt-to-assets ratio of zero can indicate that the company has very low financial risk as it is not reliant on debt financing for its operations. It may also suggest that the company has a strong financial position and is able to fund its operations primarily through equity or retained earnings.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-assets ratio
Constellation Energy Corp
CEG
0.00
American Electric Power Co Inc
AEP
0.38
Black Hills Corporation
BKH
0.42
CenterPoint Energy Inc
CNP
0.00
Clearway Energy Inc Class C
CWEN
0.47
Dominion Energy Inc
D
0.00
DTE Energy Company
DTE
0.45
Edison International
EIX
0.00
Entergy Corporation
ETR
0.00
Eversource Energy
ES
0.00
FirstEnergy Corporation
FE
0.00