CenterPoint Energy Inc (CNP)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $10,666,000K
= 0.00
The debt-to-equity ratio of CenterPoint Energy Inc has been consistently reported as 0.00 from March 31, 2020, to December 31, 2024, based on the provided data. This indicates that the company has not reported any debt on its balance sheet during this period. A debt-to-equity ratio of 0.00 typically suggests that the company is primarily financed by equity rather than debt. CenterPoint Energy Inc's low debt-to-equity ratio may indicate a conservative financial structure, less financial risk, and possibly a strong balance sheet. However, it's important to consider other financial metrics and industry benchmarks for a more comprehensive analysis of the company's financial health and leverage position.
Peer comparison
Dec 31, 2024