Crescent Energy Co (CRGY)
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 | 3,139,630 | 1,704,820 | 848,113 | 682,209 | 2,716,890 |
| 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 + $3,139,630K)
= 0.00
Crescent Energy Co consistently maintained a debt-to-capital ratio of 0.00 over the five-year period from December 31, 2020, to December 31, 2024. This indicates that the company did not have any debt in relation to its total capital during this period. A debt-to-capital ratio of 0.00 signifies that the company's capital structure is primarily equity-funded, which may suggest a lower financial risk and a strong financial position. It is worth noting that a debt-to-capital ratio of 0.00 can sometimes indicate that the company may be missing out on leveraging debt for potential growth opportunities or tax benefits. Overall, Crescent Energy Co's consistent zero debt-to-capital ratio reflects a conservative approach to financing operations and a stable financial standing.
Peer comparison
Dec 31, 2024