CenterPoint Energy Inc (CNP)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $10,666,000K
= 0.00
The debt-to-equity ratio for CenterPoint Energy Inc has been consistently reported as 0.00 for the years 2020, 2021, 2022, 2023, and 2024. This indicates that the company has either no debt or a negligible amount of debt in relation to its equity during these years. A debt-to-equity ratio of 0.00 typically signifies that the company relies more on equity financing rather than debt to fund its operations, which can be perceived positively as it implies a lower financial risk and a stronger financial position. However, it is essential to further investigate the reasons behind such a low ratio and understand how the company's capital structure may impact its overall financial health and growth strategies.
Peer comparison
Dec 31, 2024