CenterPoint Energy Inc (CNP)
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 | 43,768,000 | 39,715,000 | 38,546,000 | 37,679,000 | 33,471,000 |
| 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 ÷ $43,768,000K
= 0.00
CenterPoint Energy Inc's debt-to-assets ratio has remained consistently at 0.00 from December 31, 2020, to December 31, 2024. This suggests that the company has not utilized debt significantly to finance its assets during this period. A debt-to-assets ratio of 0.00 indicates that the company's assets are primarily funded through equity rather than debt, implying a lower financial risk due to the absence of debt obligations. However, it is important to note that a low debt-to-assets ratio may also indicate missed opportunities for leveraging debt to potentially enhance returns, provided it can be managed effectively.
Peer comparison
Dec 31, 2024