Constellation Energy Corp (CEG)
Debt-to-assets ratio
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | ||
|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 7,496,000 | 7,512,000 | 6,156,000 | 5,763,000 | 4,466,000 | 4,480,000 |
| Total assets | US$ in thousands | 50,758,000 | 48,965,000 | 46,559,000 | 46,158,000 | 46,909,000 | 46,616,000 |
| Debt-to-assets ratio | 0.15 | 0.15 | 0.13 | 0.12 | 0.10 | 0.10 |
December 31, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $7,496,000K ÷ $50,758,000K
= 0.15
The debt-to-assets ratio of Constellation Energy Corporation has been steadily increasing over the past five quarters, indicating a rising reliance on debt to finance its operations and acquisitions. As of Q4 2023, the ratio stands at 0.18, which means that approximately 18% of the company's total assets are financed by debt. This suggests that Constellation Energy Corporation may be taking on more debt relative to its assets, potentially increasing its financial leverage and risk exposure. It is crucial for stakeholders to closely monitor this trend to ensure the company's ability to meet its debt obligations and maintain financial stability in the long term.
Peer comparison
Dec 31, 2023