Crescent Energy Co (CRGY)
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 | 3,139,630 | 1,704,820 | 848,113 | 682,209 | 2,716,890 |
| 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 ÷ $3,139,630K
= 0.00
The debt-to-equity ratio for Crescent Energy Co over the period from December 31, 2020, to December 31, 2024, has consistently been at 0.00. This indicates that the company has not utilized any debt to finance its operations but has relied solely on equity to fund its activities. A debt-to-equity ratio of 0.00 typically suggests a conservative financial structure with minimal financial risk, as there is no debt to weigh down the equity. This may be viewed positively by investors and creditors as it signifies a healthy balance sheet and strong financial position. However, it is also important to consider the potential limitations of solely relying on equity for funding, as it could limit the company's growth opportunities in the long run.
Peer comparison
Dec 31, 2024