Crescent Energy Co (CRGY)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 3,139,630 | 2,859,930 | 2,120,100 | 1,970,810 | 1,704,820 | 1,601,750 | 1,457,880 | 901,511 | 848,113 | 844,922 | 615,257 | 418,374 | 682,209 | 2,165,260 | 2,337,660 | 2,554,880 |
| 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 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $3,139,630K)
= 0.00
The debt-to-capital ratio of Crescent Energy Co has consistently remained at 0.00 over the period from March 31, 2021, to December 31, 2024. This indicates that the company has not used debt as a source of capital in relation to its total capital structure during this period. A debt-to-capital ratio of zero suggests that Crescent Energy Co's funding has been primarily derived from equity rather than debt, which can be seen as a financially conservative approach. It also implies a lower financial risk for the company, as it may not be heavily burdened by interest payments or principal repayments associated with debt obligations.
Peer comparison
Dec 31, 2024