CenterPoint Energy Inc (CNP)
Debt-to-capital 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 | 10,666,000 | 9,667,000 | 10,045,000 | 9,415,000 | 8,348,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $10,666,000K)
= 0.00
CenterPoint Energy Inc's debt-to-capital ratio has been consistently reported as 0.00 from December 31, 2020, through December 31, 2024. This indicates that the company has not used any debt to finance its operations during this period. A debt-to-capital ratio of 0.00 suggests that the company relies more on equity financing rather than debt financing, which can be perceived positively from a risk perspective as it indicates lower financial leverage and potentially lower interest expenses. However, it's worth noting that a very low debt-to-capital ratio may also signify missed opportunities for leveraging financial leverage to potentially enhance returns for shareholders. Further analysis of the company's capital structure and funding sources may provide a deeper understanding of its financial health and strategic decisions.
Peer comparison
Dec 31, 2024