CenterPoint Energy Inc (CNP)

Debt-to-capital ratio

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 10,666,000 10,535,000 10,354,000 9,998,000 9,667,000 9,585,000 10,366,000 10,356,000 10,045,000 9,989,000 10,023,000 9,951,000 9,415,000 8,865,000 8,870,000 8,716,000 8,348,000 8,388,000 8,392,000 6,970,000
Debt-to-capital ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 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

The debt-to-capital ratio of CenterPoint Energy Inc has consistently been reported as 0.00 across multiple quarters from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt in its capital structure during this period. A debt-to-capital ratio of 0.00 suggests that the company has been funding its operations and investments through equity and retained earnings rather than relying on external borrowing. This can be viewed positively as it implies lower financial risk and potentially greater financial stability for CenterPoint Energy Inc. However, it's important to consider other financial metrics and factors to get a comprehensive understanding of the company's financial health and performance.